kendallblacketer65 kendallblacketer65
  • 10-07-2019
  • Mathematics
contestada

At the end of 3 years, how much money would you have in total if you invested $75 and earned 5% simple interest?

Respuesta :

panavkotha
panavkotha panavkotha
  • 10-07-2019

Answer:

$86.82

Step-by-step explanation:

y=75*(1.05)^3

y=75*1.157625

y=86.821875

The amount of money after 3 years is $86.82.

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