Mathematics, 11.10.2019 04:00, kaykay9243

Amy invest $3,000 in a savings account that pays 2.35% simple annual interest .she makes no other deposits or withdrawals for 3.5 years. determine if each statement is true or false.

a. amy's account will earn $246.75 in interest

b. amy's account will be worth $2,753.25 after 3.5 years.

c. amy's account would earn $15.75 more in interest if the annual interest rate were raised to 2.5%

Answers: 3

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Amy invest $3,000 in a savings account that pays 2.35% simple annual interest .she makes no other de...