190k views
7 votes
Jon invests $4,100 into an account that pays 5 percent simple interest each year. What is the total balance in the account after 3 years?

$615.00
$3,485.00
$4,305.00
$4,715.00

2 Answers

5 votes

what is 5% off 4,100?

once you get that number you should have it..

User Aaron Moodie
by
4.4k points
7 votes

hi there :>

your answer is $4,715.00

have an amazing day <3

(please tell me if this is incorrect.)

User Petr Adam
by
5.6k points