Mv189086 Mv189086

28-11-2021
Mathematics

contestada

Michelle has $1200 in her savings account if the bank pays 3% interest per year on savings how much interest does she earn in a year? A: $360 b: $300 C: $30 D: $36

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livia68 livia68

28-11-2021

Answer:

d - $36

Step-by-step explanation:

I=Prt

(interest=principle*rate*time in years)

I=1200*.03*1

I=1200*.03

I=36

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