Question

mark invested 125 he earned a simple interest of 3% per year on the initial investment if no money was added or removed from the investment what was the amount of interest mark received at the end of two years

Answer 1

Answer:

$7.50

Step-by-step explanation:

formula for simple interest:

I = prt

I = ($125)(0.03)(2)

I = $7.50

Answer 2

Answer:

You time 125 by 1.03 twice subtract 125 from that awnser to get the amount of money from interest 7.6125 is the awnser

Step-by-step explanation: