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Jesse borrowed $350 from his mom to buy an electric scooter, Jesse will pay her back in 2 years with 3% interest compounded annually. How much money will Jesse pay his mom back altogether? A. $371 B. $371.
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5 votes
Jesse borrowed $350 from his mom to buy an electric scooter, Jesse will pay her

back in 2 years with 3% interest compounded annually. How much money will Jesse
pay his mom back altogether?
A. $371
B. $371.32
C. $21
D. $21.32

User Jan Buchar
by
8.7k points

1 Answer

4 votes

Answer:

the answer is C

350×3% =10.5

ans×5=21

User Nida Sahar
by
8.1k points
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