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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…
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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
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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
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7.9k points
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