19. The Millers open a savings account for their newborn son with $430. Find the total amount in the account after 3 years if the simple interest rate is 2.5%.

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Charlires asked Nov 24, 2023

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19. The Millers open a savings account for their newborn son with $430. Find the total amount in the account after 3 years if the simple interest rate is 2.5%.

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Charlires asked Nov 24, 2023

by Charlires

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15 votes

we get that

$C=430+3\cdot0.025\cdot430=462.25$

Diego L answered Nov 30, 2023

by Diego L

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