Marge puts 800 and a bank account that earns 3% annual interest if she leaves the money in the bank but does not add to it how m

Question

3 years ago

6

uch money will she have at the end of the year

2 answers:

g100num [7] · Answer 1 · 2022-10-17T15:02:06+03:00

Answer:

$824

Step-by-step explanation:

We are given that Marge put money in her account=$800

She earns annual interest=3%

We have to find the amount she will have received at the end of the first year if no add any money

We are using the formula

S.I= p*r*t/100

Where r= Rate of interest

t=Time in years

P=principle

r=3%

P=$800

t=1 year

Using the formula and substitute the values

S.I=800*1/100

S.I=$24

Amount =S.I+P

Amount=24+800=$824

Hence, She will have received money at the end of first year =$824

VMariaS [17] · Answer 2 · 2022-10-17T13:33:32+03:00

6 0

Answer:

Step-by-step explanation:

$824