Register

$250 is invested at a bank that pays 7% simple interest. calculate the amount of money in the account after 1 year, 3 years, 7 years, and 20 years

$250 is invested at a bank that pays 7% simple interest. calculate the amount of money in the account after 1 year, 3 years, 7 years, and 20 years
asked 191k views
5 votes
$250 is invested at a bank that pays 7% simple interest. calculate the amount of money in the account after 1 year, 3 years, 7 years, and 20 years

asked
User Vansan
by
7.8k points

1 Answer

4 votes
7% of 250 -> .07 .250 -> 7.5

=600
answered
User Jnesselr
by
8.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!