Derrick's grandparents give him $75 for his birthday. Derrick puts the money into his savings account which has $1,458. His account has an interest rate of 5%. If Derrick leaves the money in his account

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Omar Ali asked Aug 6, 2022

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Mathematics
high-school

Omar Ali asked Aug 6, 2022

by Omar Ali

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The answer on top is the right answer

Edhar Dowbak answered Aug 8, 2022

by Edhar Dowbak

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17 votes

Answer:

$1609.65

Explanation:

1458+75=1533

I= Prt

I=1533 (.05) (1)=76.65

B= I+P

B=1533+76.65=$1609.65

Ashraf Alam answered Aug 12, 2022

by Ashraf Alam

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