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Carlos has $500 in his savings account that pays 3% simple interest. What is the amount of money Carlos will have in his bank account after 4 years if he leaves his money in the…

Carlos has $500 in his savings account that pays 3% simple interest. What is the amount of money Carlos will have in his bank account after 4 years if he leaves his money in the…
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Carlos has $500 in his savings account that pays 3% simple interest. What is the amount of money Carlos will have in his bank account after 4 years if he leaves his money in the bank?

User Dnfehren
by
8.2k points

2 Answers

14 votes
$1766 is the answer
Hope it helps! Have a great day!
User Tanjima Kothiya
by
8.0k points
9 votes

Answer:

$1766

Explanation:

hope this helps

User Ritter
by
7.8k points
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