SOLUTION: Joy invests $5,000 into an account at a yearly interest rate of 0.3% simple interest for 36 months. Calculate the interest earned on this account using the simple interest formul

Question 1136011: Joy invests $5,000 into an account at a yearly interest rate of 0.3% simple interest for 36 months.
Calculate the interest earned on this account using the simple interest formula
I=PRT
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!

Convert 36 months to yrs

$45
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