ign="absmiddle" class="latex-formula">
L×W
L×W
1 answer:
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Answer:
Step-by-step explanation:
Bonnie deposits $70.00 into a new savings account.
The account earns 45% simple interest per year.
She neither added or removed from the savings account for 3 years.
We know that,
here,
i = interest,
P = principal = $70,
r = rate of interest = 45%,
t = time = 3 years,
Putting the values,
So the total amount will be,