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You invest $300 in an account at 7.5% per year simple interest. How much will you have in the account at the beginning of the 11th year

You invest $300 in an account at 7.5% per year simple interest. How much will you have in the account at the beginning of the 11th year
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3 votes
You invest $300 in an account at 7.5% per year simple interest. How much will you have in the account at the beginning of the 11th year

User Andrei Margeloiu
by
8.2k points

2 Answers

5 votes
By the beginning of the 11th year, you'll have $580.22
User Aeonius
by
7.9k points
6 votes

Answer:

The answer is 525........ on apex

Explanation:

User Desc
by
8.5k points
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