Question

Kira has $2,250 sitting in a savings account that

earns 2.75% simple interest each year. If she
leaves it there untouched, how much will be in
the account after 8 years?

Answer 1

2 250×96×2.75=5 940

Explanation:

1 year=12 months

8 year's =96 Month's

first thing you need to do is to convert Years into months