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Jamar purchases a savings bond for $3000. If the bond earns 3% interest for a term of 5 years, what will the total value of Jamar's investment be at the end of 5 years?
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Jamar purchases a savings bond for $3000. If the bond earns 3% interest for a term of 5 years, what will the total value of Jamar's investment be at the end of 5 years?
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Jul 12, 2022
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Jamar purchases a savings bond for $3000. If the bond earns 3% interest for a term of 5 years, what will the total value of Jamar's investment be at the end of 5 years?
Mathematics
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Nikita Astrakhantsev
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The answer would be four hindered fifty dollars, so $450
Bhargav Soni
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Jul 13, 2022
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Bhargav Soni
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Answer:
450$
Explanation:
3000*3%=3000*0.03
3000*0.03=90
90*5=450
Rajagopal
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Jul 18, 2022
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Rajagopal
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