ECONOMICS (CBSE/UGC NET)

ECONOMICS

COMPOUND INTEREST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Smithville Bank is offering each of it’s customers a record 3.4% interest on new savings account. If Mr. Thomas opens an account with $1, 500, how much interest will he earn in 3 years?
A
$15, 300
B
$1, 530
C
$153
D
The answer is not shown
Explanation: 
There is 1 question to complete.