Problem #1
St
Denise opened an account with a deposit of $4,000.
• The account earned...
Mathematics, 25.04.2020 16:31, christabell0303
Problem #1
St
Denise opened an account with a deposit of $4,000.
• The account earned annual simple interest at a rate
of 2.5% for 3 years.
. She did not make any additional deposits or
withdrawals.
How much interest did she earn at the end of the 3
years?
What was Denise's account balance at the end of the 3.
years?
Answers: 1
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