SOLUTION: How much interest would you earn on a savings bond of $1,200 at 3.5% simple annual interest for 1 year?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: How much interest would you earn on a savings bond of $1,200 at 3.5% simple annual interest for 1 year?       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 1145229: How much interest would you earn on a savings bond of $1,200 at 3.5% simple annual interest for 1 year?
Found 2 solutions by Alan3354, ikleyn:
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
How much interest would you earn on a savings bond of $1,200 at 3.5% simple annual interest for 1 year?
--------------
$1200*0.035

Answer by ikleyn(52776) About Me  (Show Source):
You can put this solution on YOUR website!
.

To expand your skills in solving problems on simple percentage,  look into the lesson
    - Simple interest percentage problems
in this site.