Math

Brett deposited $150.00 in an account that paid 3% simple interest. How much interest did Brett earn in 5 years??
A.$4.50
B.$7.50
C.$15.00
D.$22.50

  1. 👍 0
  2. 👎 0
  3. 👁 127
asked by Bailee
  1. I = PRT

    I = 150 * 0.03 * 5

    I = ?

  2. It's D! $22.50 is your answer:)

    1. 👍 0
    2. 👎 0
    posted by Janessa
  3. thanks people

    1. 👍 0
    2. 👎 0
    posted by Serena

Respond to this Question

First Name

Your Response

Similar Questions

  1. Lat math question for some days. Can y'all help?

    Huan deposited $850 into a college savings account earning 4.8% interest compounded annually. He also deposited $850 into a second account earning 4.8% simple interest. He made no additional deposits. After 10 years, which account

    asked by DerpyPegasus33 on December 9, 2014
  2. math

    Huan deposited $850 into a collegesavings account earning 4.8% interestcompounded annually. He also deposited$850 into a second account earning 4.8%simple interest. He made no additionaldeposits. After 10 years, which account

    asked by mr.E on November 17, 2014
  3. MATH HELP! Complex Interest

    Huan deposited $850 into a collegesavings account earning 4.8% interestcompounded annually. He also deposited$850 into a second account earning 4.8%simple interest. He made no additionaldeposits. After 10 years, which account

    asked by DerpyPegasus33 on December 9, 2014
  4. math

    Brett took a loan of $25,000 at a simple interest rate of 8%. After 4 years, what is the interest he had to pay?

    asked by unknown on December 17, 2010
  5. math

    Brett took a loan of $25,000 at a simple interest rate of 8%. After 4 years, what is the interest he had to pay?

    asked by unknown on December 17, 2010
  6. mathematics

    Ginger earns $18,500 annually and has 22% of her gross earnings withheld. What is the net amount of her paycheck each pay period if she is paid biweekly? 2)Zack deposited $1,200 in a savings account that paid 7.75% simple

    asked by gbe on February 1, 2010
  7. math

    Set up an algebraic equation for this problem:When Brett and his younger sister add their ages together the sum in 17. Brett is not a teenager yet. In fact his age is not even a two-digit number. How old is Brett's sister?

    asked by Lucy on December 15, 2011
  8. algebra

    A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was

    asked by Emmett on July 28, 2012
  9. math

    1) Carmen borrowed $1,200 for three months at 10.5% interest. How much interest did she pay for the loan? 2)Zack deposited $1,200 in a savings account that paid 7.75% simple interest. What was the balance in his account at the

    asked by kama on January 31, 2017
  10. Math

    Chris deposited $1,500 in a bank account for 2 years. The account earned $120.00 in simple interest. What simple interest rate did he receive?

    asked by Ryan on February 18, 2013

More Similar Questions