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seraphim [82]
3 years ago
14

Elisa puts $750 in a savings account. The account earns an annual

Mathematics
1 answer:
Flauer [41]3 years ago
5 0

Answer:

750/100 X 8 = 60

60 X 5 = 300

she will earn $300 simple interest

balance of account = $1050

compound interest

100 + 8 = 108

108/100= 1.08

750 X 1.08^5 = 1101.9960576

1102.00 - 750 = $352 compound interest

balance of account = $1102

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