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Corey deposited $1,500 in a savings account that earns simple interest at 5.75%. What is the balance in his account at the beginning of the third quarter?

Corey deposited $1,500 in a savings account that earns simple interest at 5.75%. What is the balance in his account at the beginning of the third quarter?
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2 votes
Corey deposited $1,500 in a savings account that earns simple interest

at 5.75%. What is the balance in his account at the beginning of the
third quarter?

asked
User Michael Cornel
by
8.0k points

1 Answer

3 votes
$1,517.25 would be the answer
answered
User Kingname
by
7.5k points
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