Josh earns $2700 each summer and puts the money in a savings account with a 4.5% simple interest rate. If he deposits the same a

Question

3 years ago

7

ccount each year, how much money will he have at the end of his third summer?

1 answer:

lys-0071 [83] · Answer 1 · 2021-12-06T04:52:31+03:00

Answer:

he will have 8,829 dollars after 3 summers

Step-by-step explanation:

by using the cross multiplication method you can calculate how much interest is gathered after each year

eventually after 3 summers interest has built up he would have 8,829 dollars including the 2,700 he earned each year