Melissa deposited $20 000 in a bank. She earned an interest of 1.5 % per year. How much money did she have in her bank after 1 year?

Jeff Wigal asked Jul 4, 2023

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Jeff Wigal asked Jul 4, 2023

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25 votes

Answer:

20,300

Explanation:

Convert 1.5% to a decimal (.015)

20,000 x .015 = 300

20,000 + 300 = 20,300

Benez answered Jul 8, 2023

by Benez

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