Jdog14591 Jdog14591
  • 03-05-2018
  • Mathematics
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What is the interest on $250 at 3% for 30 years

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evalinamendez17
evalinamendez17 evalinamendez17
  • 03-05-2018
You deposit $250 into a bank account paying 3% simple interest per year. You left the money in for 30 years. Find the interest earned and the amount at the end of those 30 years, The interest is $225 and the amount is $475 that is the answer.
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