Question

Helen deposited $250 into a savings account at a simple annual interest rate of 3%. What will the balance be after 7 years?

Answer 1

302.50

or....

Explanation:

they might of spent all of the money on..............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................POTATO CHIPS

Answer 2

Answer: $302.50

3% of 250 is 7.5 then you do 7.5x7=52.50+250=$302.50