Question

Arisia puts $500.00 into a savings account with an annual simple interest rate of 4.5%

If the interest rate stayed the same, how much interest would Arisia’s account earn after 15 years?

Answer 1

do 500*1.045 get that answer and use answer
*1.045 14 more times to get your answer.
$967.60

Answer 2

do 500*1.045 get that answer and use answer *1.045 14 more times to get your answer.
$967.60