Sally puts $200.00 in a bank account. Each year the account earns 8%...?

J

Jenny Smith

New member
Sally puts $200.00 in a bank account. Each year the account earns 8% simple interest. How much interest will be earned in 3 years? THIS IS THE QUESTION.. THE ANSWER IS $48.00. My question is how did they solve this? can someone show me how? THANKYOU! lol
 
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