jamal deposits 2,500 into each of two savings accounts.The first account has a 4% annual simple interest .Account two earns 5% a

Question

Andrew [12]

2 years ago

12

jamal deposits 2,500 into each of two savings accounts.The first account has a 4% annual simple interest .Account two earns 5% a

nnual simple interest.what is the sum of the account in 3 years?

Mathematics

1 answer:

nika2105 [10] · Answer 1 · 2022-03-14T00:23:56+03:00

nika2105 [10]2 years ago

7 0

Answer:

$5,675

Step-by-step explanation:

you would just take 4% and 5% of 2500 which is 100 and 125 and multiply them both by 3 which is 300 and 375 and add them both to the 2500 which is 2800 and 2875 and since it asks for the sum you would add then to get a total of $5,675