SOLUTION: 3000 is invested in an account paying 8% simple interest. How much interest will be earned in 3 years

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: 3000 is invested in an account paying 8% simple interest. How much interest will be earned in 3 years      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 664350: 3000 is invested in an account paying 8% simple interest. How much interest will be earned in 3 years
Answer by lynnlo(4176) About Me  (Show Source):
You can put this solution on YOUR website!
multiply 3000x0.08x3=$720.00