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Find the balance in Grace’s account after 2 years for a principal of $2500 if the bank pays simple interest at a rate of 5.25%.

Find the balance in Grace’s account after 2 years for a principal of $2500 if the bank pays simple interest at a rate of 5.25%.
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Find the balance in Grace’s account after 2 years for a principal of $2500 if the bank pays simple interest at a rate of 5.25%.

asked
User Danil Onishchenko
by
9.0k points

1 Answer

8 votes

Answer:

2762.5

Explanation:

answered
User Mukesh Bhojwani
by
8.1k points
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