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Marissa deposited $900 in her savings account. The rate of simple interest is 5% per year. Find the balance at the end of 4 years PLEASE HELP ASAP!!!
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Marissa deposited $900 in her savings account. The rate of simple interest is 5% per year. Find the balance at the end of 4 years

PLEASE HELP ASAP!!!

User Natalia Davydova
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1 Answer

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If you multiply the 9 in the 900 by 5 you get 45 which is 5% of 900, multiply that by 4 gives 180 so she should have $180
User JFV
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