Register

John's parents deposited $1000 into a savings account as a college fund when he was born.how much will john have in this account after 18 years simple interest rate of 3.25…

John's parents deposited $1000 into a savings account as a college fund when he was born.how much will john have in this account after 18 years simple interest rate of 3.25…
135k views
2 votes
john's parents deposited $1000 into a savings account as a college fund when he was born.how much will john have in this account after 18 years simple interest rate of 3.25%

User Brother Woodrow
by
8.7k points

2 Answers

3 votes
The answer is 941.50.....
User SriTeja Chilakamarri
by
8.0k points
0 votes
3.25 x 18 = 58.50
1000 - 58.50 = 941.50

Answer is 941.5
User Iozee
by
7.9k points
← Prev Question Next Question →

Related questions

Ask a Question
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

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!