Juliet opened a savings account at a bank by depositing $75. The account earns simple interest at a rate of 4% per year. The mon
ey has been in the account for 5 years, and Juliet has not made any more deposits or withdrawals. How much money is in Juliet’s account? A) $270.00
B) $78.00
C) $80.00
D) $90.00
The money has been in the account f<span>or 5 years. This means that the amount of deposit was increased for 5 times. 75*1.04*1.04*1.04*1.04</span>*1.04=75*1.04^5≈91.3 $ In this way i prefer to chose <span>D) $90.00 beacuse it's the nearest number</span>
or 
of what she needs.
= 30 oz