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You deposit $350 in a savings account.the account earns 2.5% simple interest per year. what is the balance after 2 years

You deposit $350 in a savings account.the account earns 2.5% simple interest per year. what is the balance after 2 years
asked 23.0k views
1 vote
you deposit $350 in a savings account.the account earns 2.5% simple interest per year. what is the balance after 2 years

asked
User Mini Fridge
by
8.2k points

1 Answer

2 votes

Answer:

17.5

Explanation:

350×2.5×1/100

17.5/2

8.75

answered
User Shahab Saalami
by
8.4k points
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