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EXTRA POINTS!! Sam earned $340 as a lifeguard last summer. He wants to deposit this money in a savings account that earns 3.15% simple interest. How much money will be in his account after 5 years?
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Jun 12, 2018
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EXTRA POINTS!! Sam earned $340 as a lifeguard last summer. He wants to deposit this money in a savings account that earns 3.15% simple interest. How much money will be in his account after 5 years?
Mathematics
middle-school
Thomas Burke
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I = prt
I = 340 * .0315 * 5
I = 53.55
Add $340 + $53.55 = $393.55
InnocentKiller
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Jun 15, 2018
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$393.55 will be in his account after 5 years.
Mqklin
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Jun 17, 2018
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