SOLUTION: How much can you withdraw after 6 months if you deposit $500 into a bank that offers 3% simple interest?

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Question 1113235: How much can you withdraw after 6 months if you deposit $500 into a bank that offers 3% simple interest?
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
How much can you withdraw after 6 months if you deposit $500 into a bank that offers 3% simple interest?
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500*0.03 = $15 per year
1/2 year --> $7.50
--> $507.50