Ally deposits $70.00 into a new savings account.

The account earns 4.5% simple interest per year.

She plans to keep the account for 3 years. What is

the total amount of money in her savings account

at the end of the 3 years?

Question

Mathematics

Delaney Schwartz

25 May, 16:14

Ally deposits $70.00 into a new savings account.

The account earns 4.5% simple interest per year.

She plans to keep the account for 3 years. What is

the total amount of money in her savings account

at the end of the 3 years?

+3

Answers (1)

Know the Answer?

Sylvia Lambert · Answer 1

4.5 percent of 70 multiplied by 3 subtract from 70.00

Step-by-step explanation:

you first find the intrest amount, then you multiply that by 3, subtract from the 70.00

Ally deposits $70.00 into a new savings account.The account earns 4.5% simple interest per year.She plans to keep the account for 3 years. What isthe total amount of money in her savings accountat the end of the 3 years?

Ally deposits $70.00 into a new savings account.

The account earns 4.5% simple interest per year.

She plans to keep the account for 3 years. What is

the total amount of money in her savings account

at the end of the 3 years?