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Martin deposited $3,000 into an account that earned 3.5% simple interest over 7 years. What is the total value of the account for 7 years? A: $735 B: $3,816.84 C: $816.84 D: $3,735
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Martin deposited $3,000 into an account that earned 3.5% simple interest over 7 years. What is the total value of the account for 7 years?

A: $735
B: $3,816.84
C: $816.84
D: $3,735

User Leo Cavalcante
by
6.7k points

2 Answers

9 votes
3.5% of 3,000 is 105 and 105x7(yrs)=735 and 3,000+735=3,735 or D
User Artina
by
7.1k points
12 votes

Answer:

the answer is d.

Step-by-step explanation: D

User Kisaragi
by
6.7k points
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