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Sherrod deposits 500 each year in savings account earning 3% interest compounded annually. he makes no withdrawal. how much interest will the account earn after 3 years
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Sherrod deposits 500 each year in savings account earning 3% interest compounded annually. he makes no withdrawal. how much interest will the account earn after 3 years
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Aug 21, 2018
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sherrod deposits 500 each year in savings account earning 3% interest compounded annually. he makes no withdrawal. how much interest will the account earn after 3 years
Mathematics
middle-school
Jalperin
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I=PRT
Let P be 500; R be 3% or .03; T be 3.
So, I=500 • .03 • 3
I think you can solve that.
Abdelfattah
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Aug 27, 2018
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