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Michelle opened an interest-bearing savings account. She deposited $8,750 into the account. If the account earns 1.3% interest, what will be Michelle’s balance after two years?
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12 votes
12 votes
Michelle opened an interest-bearing savings account. She deposited $8,750 into the account. If the account earns 1.3% interest, what will be Michelle’s balance after two years?

User Aaron Wells
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1 Answer

23 votes
23 votes

Answer:

$8977.50

Explanation:

User Ckonig
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3.2k points
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