Johnny 3

Johnny has $46,754 in a savings account that earns 14% annually. The interest is not compounded. To the nearest dollar, how much interest will he earn in 3 years?

Correct answer:

i3 =  19636.68 USD

Step-by-step explanation:

a=46754 USD r=14%=10014=507=0.14 n=3  i3=a r n=46754 0.14 3=19636.68 USD

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