Mathematics, 25.02.2021 01:20 jellyangie1
10. Zeke is calculating the interest earned on a deposit of $5,200 in an account that earns 3.15%
simple interest after 48 months.
I = prt
I = 5,200(.03 15) (48)
I= 7,862.4
Zeke finds the interest earned to be $7,862.40 as shown in his work above. Find and describe the
mistake in Zeke's work:
Find the correct amount of interest earned:
Answers: 1
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10. Zeke is calculating the interest earned on a deposit of $5,200 in an account that earns 3.15%
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