SOLUTION: José put $1,500 into a savings account. He earns 3% interest every year. How much simple interest will he earn at the end of 3 years?

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Question 1140626: José put $1,500 into a savings account. He earns 3% interest every year. How much simple interest will he earn at the end of 3 years?
Answer by josgarithmetic(39617) About Me  (Show Source):