Question

Kayleigh has $4500 in a savings account at the bank that earns 0.8% interest per year. How much

Answer 1

Answer:

Kayleigh will have a total of $4608.

Step-by-step explanation:

First, you use the formula, I=PRT (Interest=Principal, Rate, Time), then you distribute the numbers: (I=4500x0.8%x3) when you multiply them all, you get $108, then you lastly add 108 to 4500, and you get your final answer of $4608.

Answer 2

Answer:

$4608

Step-by-step explanation:

P* R/100 * T

4500 * 0.8/100 * 3

108

4500+108

=4608