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Valerie deposited her tax return of $2250 into an interest bearing account. The account earns 8% annually in simple interest. How much will she have in this account after 2 years?
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16 votes
16 votes
Valerie deposited her tax return of $2250 into an interest bearing account. The account earns 8% annually in simple interest. How much will she have in this account after 2 years?

User Sardorbek Ruzmatov
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1 Answer

23 votes
23 votes
2,624.4 is what she has in her account after 2 years
User Andrew Matthews
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