Security deposit Interest return

Question

I'm getting ready to receive my $1,900 security deposit back on an apartment and I'm trying to figure out what is the additional interest I should receive at the time the account was set up the escrow interest rate was .20%

Answer 1

Multiply $1900 by 0.002 and then by the number of years that the security deposit was held. If you get more than that, count yourself as lucky.