isaihcarter
27.05.2020 •
Mathematics
Correct answers only please!
Leo has $100 in a savings account that earns 10% annually. The interest is not compounded. How much interest will he earn in 3 years?
Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.
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Ответ:
Simply using the given formula ,
I = P × R × t
I = 100 × 10/100 × 3
I = $30
Ответ: