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Valerie deposited her tax return of $2250 into an interest bearing account. The account earns 8% annually in simple interest. How much will she have in this account after 2 year…

Valerie deposited her tax return of $2250 into an interest bearing account. The account earns 8% annually in simple interest. How much will she have in this account after 2 year…
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Valerie deposited her tax return of $2250 into an interest bearing account. The account earns 8% annually in simple interest. How much will she have in this account after 2 years?

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User Hjchin
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1 Answer

5 votes
2,624.4 is what she has in her account after 2 years
answered
User Hyades
by
8.2k points
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