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John's parents deposited $1,000 into a savings account as a college fund when he was born. How much will John have in this account after 18 years at a yearly simple interes…

John's parents deposited $1,000 into a savings account as a college fund when he was born. How much will John have in this account after 18 years at a yearly simple interes…
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John's parents deposited $1,000 into a savings account as a college fund when he was born. How much will John have in this account after 18 years at a yearly simple interest rate of 3.25%.

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User Bertrand Martel
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1 Answer

5 votes

Answer:

John will have $1,585

answered
User Mike Hanafey
by
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