angie has $1,550 in a savings account that pays 2.5% annual simple interest. If she does not make any deposits or withdrawals, h
ow much money will Angie have in her account in 2 years? Quickly please!!
2 answers:
Answer:
1727.5
Step-by-step explanation:
1550*0.025=88.75
Annual earn is 88.75
Two years is 88.75*2=177.5
Therefore, the amount of the account 1550+177.5=1727.5
Answer: 31,000
Step-by-step explanation:
I putted this into Desmos. I did 1,550 over 0.025 times 2 which would give you 31,000.
and 0.025 came from 2.5% by moving the decimal two places to the left.
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