$250 is invested in the bank that pays 7% simple interest. Calculate the amount of money in the account after 1 year

Mathematics

2 answers:

victus00 [196]3 years ago

4 0

250*1.07=267.5
=267.50

Sergeeva-Olga [200]3 years ago

3 0

A=p(1+rt)
A=250×(1+0.07×1)
A=267.5

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