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Talia deposits $350 in her savings account. The account earns 2.5% simple interest per year. What is the balance in the account after 4 years?
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Talia deposits $350 in her savings account. The account earns 2.5% simple interest per year. What is the balance in the account after 4 years?

User Sunny Gupta
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1 Answer

4 votes

Answer:385

Formulate and substitute:F=350+350rt

Calculate the product or quotient:350x1+0.1

Calculate the sum or difference:350x1.1

Calculate the product or quotient:385

User Saroele
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