Camila invests money in an account paying a simple interest of 3.4% per year. If she invests $50 and no money will be added or r

Question

3 years ago

14

emoved from the investment, how much will she have in one year, in dollars and cents?

2 answers:

GalinKa [24] · Answer 1 · 2022-06-29T18:23:38+03:00

8 0

Answer:

51.70

Step-by-step explanation:

2 ways to calculate

50 x 1.034=51.70

or

50 x .034=1.70 interest

1.70 interest

Plus 50.00 principal

equals 51.70

babunello [35] · Answer 2 · 2022-06-29T16:36:19+03:00

4 0

After investing $50 and waiting 1 year she would have gained $1.70.