Register

John invests $15,000 in a savings account that pays 2.5% simple interest. If John makes no withdrawals or deposits into the account, how much will be in the account after 9 year…

John invests $15,000 in a savings account that pays 2.5% simple interest. If John makes no withdrawals or deposits into the account, how much will be in the account after 9 year…
asked 57.9k views
4 votes
John invests $15,000 in a savings account that pays 2.5% simple interest. If John makes no

withdrawals or deposits into the account, how much will be in the account after 9 years?

asked
User Matlabit
by
7.7k points

1 Answer

2 votes

Answer:

18,375

Explanation:

answered
User Vel Genov
by
8.0k 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
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!