Karissa deposits $165 into a new savings account. The account earns 2.75% simple interest per year. Karissa plans on keeping the

Question

2 years ago

11

money in the account of 4 years (no money is added or removed). What will the total account balance be at the end of the 4 years?

1 answer:

enyata [817] · Answer 1 · 2022-07-08T02:00:05+03:00

3 0

Answer:$382

Step-by-step explanation:

To get The interest for 4 years

Amount*rate*time*duration

165*0.0275*12*4=$217

165+217=$382