SOLUTION: how much interest will someone earn if they deposit 1.1 million into a savings account for a 30 month plan at a rate of 4.5%

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Question 400821: how much interest will someone earn if they deposit 1.1 million into a savings account for a 30 month plan at a rate of 4.5%
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
I=Prt
I=1100000*0.045*2.5
I=$123,750