hamiltonm465owk33g hamiltonm465owk33g
  • 26-05-2020
  • Mathematics
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Mindy deposits $250 into a savings account that pays simple interest. If the interest rate 1.5% what is her account balance at the end of 2 years if she makes no withdrawals?

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gilbertazavedo72
gilbertazavedo72 gilbertazavedo72
  • 30-05-2020

Answer: 257.50

Step-by-step explanation:

Where: A = P(1 + rt)

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