SOLUTION: ) Calculate the simple interest earned if a deposit of $ 120,000 is left for 15 years at an interest rate of 3%

SOLUTION: ) Calculate the simple interest earned if a deposit of $ 120,000 is left for 15 years at an interest rate of 3%

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Question 1109322: ) Calculate the simple interest earned if a deposit of $ 120,000 is
left for 15 years at an interest rate of 3%
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!

The interest after 15 yrs is
$54,000
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