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1. If $150 is invested in a savings account that earns 5% interest per year, which of the following is closest to the amount in the account at the end of 10 years? (1) $218 (2) $192 (3) $324 (4) $244
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3 votes
1. If $150 is invested in a savings account that earns 5% interest per

year, which of the following is closest to the amount in the account
at the end of 10 years?
(1) $218
(2) $192
(3) $324
(4) $244

User Semjon
by
6.7k points

1 Answer

2 votes

Answer:

$218

Explanation:

S.I =


(p \: * t * r)/(100)

1. If $150 is invested in a savings account that earns 5% interest per year, which-example-1
User Zeugor
by
7.7k points
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