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  • 12-11-2018
  • Mathematics
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Angie has$90,000 in a savings account. The interest rate is 3% per year and is not compounded. How much interest will she earn in 8 months?

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jessicawallace156 jessicawallace156
  • 12-11-2018

[tex]90000 \times .03 = 2700 \\ 2700 \div 12 = 225 \\ 225 \times 8 = 1800[/tex]
so it would be $1800.
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