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I invest $3500 in a bank account. At the end of each year, I earn 5% interest on the money in my account, and that interest gets added to my account. How much money do I have after 3 years?
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I invest $3500 in a bank account. At the end of each year, I earn 5% interest on the

money in my account, and that interest gets added to my account. How much money
do I have after 3 years?

User Netrolite
by
7.7k points

1 Answer

0 votes

The answer is 8,750 You have to use muliplacation.

User HTNW
by
8.2k points
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