perry has $600 in a savings account. The interest rate is 5% per year and is not compounded. How much will he have in total in 3 years?

Lpratlong asked Jun 1, 2023

363,676 views

45 votes

Lpratlong asked Jun 1, 2023

3.0k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

22 votes

Answer:

$90

Explanation:

use the I = Prt simple interest formula

2.6k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers