You deposit $900 in a saving account that earns a simple interest rate of 4.5% per year. You calculate you will earn $1215 interest over 3 y

Question

You deposit $900 in a saving account that earns a simple interest rate of 4.5% per year. You calculate you will earn $1215 interest over 3 years. Is your calculation reasonable?

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    2021-10-14T21:41:35+00:00

    It sure is right ;).

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