Karina gets a 3% interest rate per year for her savings account. She has $8,500 in her savings account. How much money does she have in her account after 1 year?

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asked Sep 22, 2023 25.8k views

10 votes

Karina gets a 3% interest rate per year for her savings account. She has $8,500 in her savings account. How much money does she have in her account after 1 year?

Mathematics
high-school

Yann Vernier asked

by Yann Vernier

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1 Answer

6 votes

Answer:8755

Step-by-step explanation:100%+3%=103% in decimal form 1.03

8500x1.03=8755

Geshe answered Sep 27, 2023

by Geshe

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