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Erica was given $300 for her birthday and decided to put it in a savings account that earns 3.75% interest. If she makes no other deposits or withdrawals, find her account balan…

Erica was given $300 for her birthday and decided to put it in a savings account that earns 3.75% interest. If she makes no other deposits or withdrawals, find her account balan…
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19 votes
Erica was given $300 for her birthday and decided to put it in a savings account that earns 3.75% interest. If she makes no other deposits or withdrawals, find her account balance after 10 years

User Bruno Rijsman
by
7.8k points

2 Answers

11 votes

Answer:

80,000

Explanation:

$300÷3.75%=8,000×10=80,000

User Stuart Brown
by
8.5k points
13 votes
Here”s my answer: 80,000
User Yue Zhang
by
8.0k points
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