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Nia puts $750 into a savings account. The simple interest rate for the savings account is 3%. If Nia does not withdraw or deposit any additional money, how much money will be in Nia’s account at the end
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Nia puts $750 into a savings account. The simple interest rate for the savings account is 3%. If Nia does not withdraw or deposit any additional money, how much money will be in Nia’s account at the end of 2.5 years?

User Pyramation
by
8.2k points

2 Answers

5 votes

Answer:

63%

Explanation:

User Antiguru
by
8.1k points
0 votes

Answer:

806.25

Explanation:

3%=0.03

750*0.03*2.5=56.25

56.25+750=806.25

User Dragoweb
by
8.6k points
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