19. The Millers open a savings account for their newborn son with $430. Find the total amount in the account after 3 years if the simple interest rate is 2.5%.

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asked Jun 19, 2023 85.6k views

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19. The Millers open a savings account for their newborn son with $430. Find the total amount in the account after 3 years if the simple interest rate is 2.5%.

Mathematics
college

Ali Turki asked

by Ali Turki

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we get that

$C=430+3\cdot0.025\cdot430=462.25$

Dan Loughney answered Jun 26, 2023

by Dan Loughney

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