west deposited $15,000 in a savings account earning 2.5% simple interest what was the total interest earned at the end od 8 years

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urcountrygirl urcountrygirl

14-03-2018
Mathematics

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west deposited $15,000 in a savings account earning 2.5% simple interest what was the total interest earned at the end od 8 years

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Sevna Sevna · Answer 1 · 2018-03-14T14:35:21+01:00

Sevna Sevna

14-03-2018

2.5% of 15,00$ would be 375$. Assuming the "simple interest" is yearly, you would multiply 375 by 8, which is 3000$ :P (Another way to solve this would be to multiply the 2.5 by 8, which would be 20. and 20% of 15,000$ would also be 3,000$)

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Аноним Аноним · Answer 2 · 2018-03-14T14:53:15+01:00

Аноним Аноним

14-03-2018

3,000 dollars is your answer.

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