Andrew has $350 in the bank. The bank will add 5% of that amount each year to his account. How much money will he have in the account in one year? $17.50 $332.50 $367.50 $385

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asked Jul 16, 2022 201k views

4 votes

Andrew has $350 in the bank. The bank will add 5% of that amount each year to his account.

How much money will he have in the account in one year?
$17.50
$332.50
$367.50
$385

Mathematics
college

DmitryArc asked

by DmitryArc

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2 Answers

1 vote

Answer:

$17.50

Explanation:

$350 * 5

5 - 0.5

350 * 0.5 =175

$17.50

BINAY THAPA MAGAR answered Jul 18, 2022

by BINAY THAPA MAGAR

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3 votes

I’m pretty sure the answer is A 17.50
The rest just seem to much

Shrhawk answered Jul 20, 2022

by Shrhawk

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