Ask The Question
English French Spanish Portuguese Polish Romanian
Mathematics
MPimentel
45

Jackie deposited $315 into a bank account that earned 1.5% simple interest each year. If no money was deposited into or withdrawn from the account, how much money was in the account after ​3​ years? Round your answer to the nearest cent.

+4
(1) Answers
Hanington955

I = PRT I = (315)(0.015)(3) I = 14.175 rounds to 14.18 after 3 yrs... 315 + 14.18 = 329.18 <===

Add answer
Sign in Sign up
Related Questions
Jackie deposited $315 into a bank account that earned 1.5% simple interest each year. If no mon...
jackie deposited $315 into a bank account that earend 1.5 percent simple interest each year if no...
Tracy deposited $59 into a bank account that earned 3.5% simple interest each year. If no money w...
James deposited $575 into a bank account that earned 5.5% simple interest each year. If no mone...
DeShawn deposited $6500 into a bank account that earned 11.5% simple interest each year. He earne...
Bonita deposited $1300 into a bank account that earned 5.75% simple interest each year. She earne...
Gloria deposited $500 into a bank account that earned 7.5% simple interest each year. She earned ...
Bonita deposited $1300 into a bank account that earned 5.75% simple interest each year. She earne...
Rich deposited money into a bank account that earned 2.5% simple interest each year. After 2 year...
Safiya deposited money into a bank account that earned 6.5% simple interest each year. After 3123...