161k views
4 votes
A retiree invests 3,000 in a savings plan that pays 3% per year what will the account balance at the end of the first year

1 Answer

0 votes

3000*.03= 90 so your balance would be 3000+90=$3090

User TigOldBitties
by
8.0k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories