asked 145k views
5 votes
Patriciodeposits $500 in the same account that pays a 1.5% simple interest he does not withdraw any money from the account any makes no other deposits how much money does Patricio happiness saving account after 5 years​

asked
User Estefany
by
8.2k points

1 Answer

0 votes

Answer: $537.5

Explanation:

$500 at 1.5% for 5 years

p x r x t = i

500 x 0.015 x 5= 37.5

37.5+500=537.5

answered
User Rohini
by
7.4k points
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