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You earn $1800 working at a summer job. You decide to put it into an account and leave it there for four years while you are in college. The principal will earn 2.25% simple interest. How much will you
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30 votes
30 votes
You earn $1800 working at a summer job. You decide to put it into an account and leave it there for four years while you are in college. The principal will earn 2.25% simple interest. How much will you have in your account at the end of three years?

User Prabhakar Shanmugam
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1 Answer

19 votes
19 votes

Answer:

1962

Step-by-step explanation:

the formula is

A=p(1+rt)

A=1,800×(1+0.0225×4)

A=1962

User Jeremie D
by
3.6k points
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