anonymousx1241 anonymousx1241

30-08-2017
Mathematics

contestada

Janice deposited $750 in a savings account that earns 3.5% simple interest. How much interest has Janice earned by the end of the first year?

A.$776.25
B.$214.29
C.$2,625.00
D.$26.25

Respuesta :

HomertheGenius HomertheGenius

08-09-2017

Janice deposited $750 and a savings account earns 3.5% simple interest.
r = 3.5% = 0.035
I = $750 * 0.035
I = $26.25
Answer:
Janice has earned
D ) $26.25

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