Roscoe invested $140. She earned a simple interest of 3% per year on the initial investment. If no money was added or removed from the investment, what was the amount of interest Roscoe received at the end of two years?

Algebra and Trigonometry (6th Edition)
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ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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1.Roscoe invested $140. She earned a simple interest of 3% per year on the initial investment. If no money was added or removed from the investment, what was the amount of interest Roscoe received at the end of two years? 

 

2.Anthony deposited $ 4,264 dollar in his savings account that earned a simple interest that changed from year to year. 

  • The second year his account balance was $4,520. 
  • The third year his account balance was $ 4, 882.

 

What was the percent of interest in year 1 and year 2?

i need to show work for this one 2

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