Question

Marsha deposited ​$6,500 into a savings account 3 years ago. The simple interest rate is ​2%. How much money did earn in​ interest?

Answer 1

Answer:

6,897.25$ raw

397.25$ earned

Step-by-step explanation:

6,500(.02) = 130 + 6500

6630(.02) = 132.6 + 6630

6762.6(.02) = 135.25 + 6762.6

6,897.25$