Question

Molly placed $115.00 in a savings account. This savings account earns 1.5% interest per year. She did not add or take out any money from this account. How much money did she earn in interest at the end of four years? *

Answer 1

At the end of 4 years she earned about $7.06. Y=115(1.015)^4. Get your answer and then subtract that from the original amount. I recommend using a website called Desmos for math problems like these.