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myrzilka [38]
3 years ago
15

carter has 7,500 in a bank account that earns 3% simple interest per year. how much will be in the account after 5 years

Mathematics
1 answer:
allsm [11]3 years ago
8 0

Answer:

11.25

Step-by-step explanation:

7500 times 0.03 times 5 = 1125

1125 divided 100 = 11.25

simple interest formula = Amount times Rate times Time

                                                         Divide 100

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