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drek231 [11]
3 years ago
11

Deon deposits $3000 into an account that pays simple interest at an annual rate of 2%. He does not make any more deposits. He ma

kes no withdrawals until
the end of 4 years when he withdraws all the money.
Answer the following questions. If necessary, refer to the list of financial formulas.
Х
?
(a) How much total interest will Deon earn?
si
(b) What will the total amount in the account be (including interest)?
si
Mathematics
1 answer:
den301095 [7]3 years ago
8 0

Answer:

hes gonna make a lot of money

Step-by-step explanation:

because he's a smart guy

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You can check by filling in $14 and $4 for each equation.


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