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[PLEASE HELP! DUE IN 3 HOURS!]

In order to help her save money for college, Latasha's grandparents deposited $10,000 into a savings account five years ago. Latasha has not made any withdrawals or deposits since then. The interest rate on the savings account is 3.75% each year.
Using simple interest, how much interest has accrued in Latasha's savings account?

What is the total amount in Latasha's savings account?

1 Answer

9 votes
The total amount in her savings account is 12,058.78
User Ivoszz
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