asked 180k views
4 votes
7. Karen opened a savings account with $500. The money earns 0.2% interest per month. If she does not make any withdraws or any more deposits, approximately how much money will Karen have in the account after two years?

(North Carolina Math 2)

A. $502 B. $512 C. $515 D. $525

2 Answers

0 votes
The answer would be A. 502
answered
User Michael Fourre
by
8.5k points
7 votes

Answer:

The answer is A

Explanation:

0.2% of 500 is 1 so in two year she would have 502$

answered
User Gregghz
by
8.8k points
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