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21 September, 17:40

You put $1205 in an account that earns 2.5% simple interest. Find the total amount in the account after four years

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  1. 21 September, 18:58
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    Answer is $1330.09 bc u would use the compound interest formula
  2. 21 September, 21:00
    0
    1205x 0.025=30.215

    1205+30.215 = 1.235.215

    1,235.215x4=4,940.5

    The answer is 4,940.5 $
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