Register

You have $550 in a savings account that earns 3% simple interest each year. How much will be in your account in 10 years? *

You have $550 in a savings account that earns 3% simple interest each year. How much will be in your account in 10 years? *
31.8k views
3 votes
You have $550 in a savings account that earns 3% simple interest each year. How much will be in your account in 10 years? *

User Chetan Shirke
by
8.8k points

1 Answer

0 votes

Answer:

$150

Explanation:

3% of $500 is $15

$15 ×10 is $150

User Rob Hague
by
8.6k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!