Sophia invest $12,350 in a account that earns 4.5% annual simple interest. Assuming she makes no additional deposits or withdrawals, how much interest will Sophia earn after 36 months?

Question

06-04-2021
Mathematics

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Sophia invest $12,350 in a account that earns 4.5% annual simple interest. Assuming she makes no additional deposits or withdrawals, how much interest will Sophia earn after 36 months?

Sagot :

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