Sydney invests money in an account paying a simple interest of 5.2% per year. If no
1 answer:
Answer:
She should multiply her current balance by 1.052.
Step-by-step explanation:
Her investment is an account with a simple interest of 5.2% per year.
So in one year, she will have 100% + 5.2% = 105.2% of her initial amount. To find the multiplier, we divide by 100%. So
105.2%/100% = 1.052
She should multiply her current balance by 1.052.
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