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PLZ Help Jon invests $4,100 into an account that pays 5 percent simple interest each year. What is the total balance in the account after 3 years? $615.00 $3,485.00 $4,305.00 $4…

PLZ Help Jon invests $4,100 into an account that pays 5 percent simple interest each year. What is the total balance in the account after 3 years? $615.00 $3,485.00 $4,305.00 $4…
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5 votes
PLZ Help

Jon invests $4,100 into an account that pays 5 percent simple interest each year. What is the total balance in the account after 3 years?
$615.00
$3,485.00
$4,305.00
$4,715.00

asked
User Kleber
by
7.7k points

1 Answer

3 votes

Answer:

he would have $4,715

5% of $4,100 is $205 times 3 is $615 plus $4,100 is $4,715

answered
User Jpllosa
by
8.0k points
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