Question

19. If you were able to earn interest at 3% and you started with 1000, how much would you have after 3 years?
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Answer 1

Answer:

si = p × r×t/100

Step-by-step explanation:

so answer is 90

Answer 2

Given; you were able to earn interest at 3% and you started with 1000,

To Find; a Simple interest

Solution; Principal amount=1000

Rate =3%

Time=3 years

$simple \: interest = \frac{p \times r \times t}{100}$

SI=3*3*1000/100=90

Amount earned =1000+90=1090

Hence the amount received after three years is 1090