You deposit $1080 in a savings account paying 3% simple interest. How much interest will you earn in 4 years? How much is in the account at the end of 4 years?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
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Question 8
You deposit $1080 in a savings account paying 3% simple interest.
How much interest will you earn in 4 years?
How much is in the account at the end of 4 years?
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Transcribed Image Text:Question 8 You deposit $1080 in a savings account paying 3% simple interest. How much interest will you earn in 4 years? How much is in the account at the end of 4 years? Submit Question
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