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(help me please) Calculate the FINAL BALANCE for an investment of $250 at 5% simple interest for 3 years.

(help me please) Calculate the FINAL BALANCE for an investment of $250 at 5% simple interest for 3 years.
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18 votes
(help me please)

Calculate the FINAL BALANCE for an investment of $250 at 5% simple interest for 3 years.

User Roman Kotov
by
8.4k points

2 Answers

5 votes
287.50 is the correct answer
User Ddarellis
by
7.9k points
12 votes

Answer:

$287.50

Explanation:

(help me please) Calculate the FINAL BALANCE for an investment of $250 at 5% simple-example-1
User Daniel PP Cabral
by
9.1k points
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