SOLUTION: 5% simple interest on $2000 for 3 yrs

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: 5% simple interest on $2000 for 3 yrs      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 613329: 5% simple interest on $2000 for 3 yrs
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


Calculate 5% simple interest on $2000 for one year. Then multiply by 3.

John

My calculator said it, I believe it, that settles it
The Out Campaign: Scarlet Letter of Atheism