662 views
0 votes
If $27 is invested at a simple interest rate of 2% per year, what would the total account be after 30 years

User Ifrit
by
8.5k points

2 Answers

2 votes
27*.02*30=16.2

.........

User Remotec
by
8.5k points
2 votes
A= total account

A= 27(1+ (0.02*30)
A= 27 *1.6
A= $43.20
User CyanRook
by
8.2k points

No related questions found