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marta [7]
3 years ago
14

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

emoved from the investment, how much will she have in one year, in dollars and cents?
Mathematics
2 answers:
GalinKa [24]3 years ago
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]3 years ago
4 0
After investing $50 and waiting 1 year she would have gained $1.70.
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