ashleyhache2009 ashleyhache2009

21-02-2021
Mathematics

contestada

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

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mathstudent55 mathstudent55

21-02-2021

Answer:

$7.50

Step-by-step explanation:

formula for simple interest:

I = prt

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

I = $7.50

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Аноним Аноним

21-02-2021

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:

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