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Shkiper50 [21]
3 years ago
10

Vianney deposits $7,500 in an investment account that earns 3% simple interest annually. About how much will be in her account a

fter 5 years, if she makes no withdrawals or deposits?
Mathematics
1 answer:
Georgia [21]3 years ago
3 0
$6,375 because you multiply 7,500 times 0.03 which gets you 225
then you have to multiply 225 by 5
which also gets you $1,125
but to get the amount that will still be there you subtract 7,500 by 1,125
then you get the final answer of $6,375
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