A principal of $835 in an account at 3% per quarter simple interest

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asked Mar 4, 2017 130k views

1 Answer

Wkzhu · Answer 1 · 2017-03-10T03:42:54+0000

Take $835 and multiply by 0.3 and you get $25.05
If you add $25.05 to $835 you will get $860.05
Keep adding $25.05 and you will have sums of $885.10, $910.15, $935.20
So your answer is D.

A principal of $835 in an account at 3% per quarter simple interest

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