Register

Erin deposited $2,550 into an account paying a simple interest rate of 3.2% per year. Which of the following is the total amount in the account after 3 years?

Erin deposited $2,550 into an account paying a simple interest rate of 3.2% per year. Which of the following is the total amount in the account after 3 years?
74.7k views
1 vote
Erin deposited $2,550 into an account

paying a simple interest rate of 3.2% per
year. Which of the following is the total
amount in the account after 3 years?

User Mty
by
7.9k points

1 Answer

4 votes
3.2% of $2550 is $81.60 and over three years that would be $244.80

Answer: $2794.80
User Jomar
by
9.0k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Write words to match the expression. 24- ( 6+3)
Link Copied!