Answer:
copied from InesWalston expert
Money in the bank account after 3 years will be $329.18
Step-by-step explanation:
Jackie deposited $315 into a bank account that earned 1.5% simple interest each year for 3 year, while no money was deposited into or withdrawn from the account.
We know that,
i = p.r.t / 100
Where,
i = interest
P = Principal = $315
r = Rate of interest = 1.5% annual
t = time period = 3 years
Putting the values,
i = 315 × 1.5 × 3 / 100 = $14.18
Total money in bank account = Principal + interest = 315 + 14.18 = $329.18
If you want to round 49.39 to the nearest tenths place you will have to look at your tenths digit.
The digit is 3, right?
Look at the next number after 3. It is the number 9 for the hundredths place. If the number is bigger than 5 you round it. If it is smaller, you keep it the same. 9 is bigger than 5 so you make the 3 into a 4.
Then, you're answer is 49.4 or 49.40 (Which are basically the same answer)
It also works the same with the other digits. Simple, right? :)
