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How much money will Claire have after 1 year?

How much money will Claire have after 1 year?-example-1
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User Matiasf
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8.4k points

2 Answers

4 votes

Answer:

Clare account balance after one year will be $164.80

Step-by-step explanation

Interest = PRT/100

Principal P = $160, Rate r = 3%, and time t = 1 year

Interest = (160*3*1)/100

Interest =480/100

= $4.80

The total balance in Clare's account after 1 year will be $160 + $4.80

= $164.80

btw i learned this answer from abiolatolu90 so shout out to him

answered
User Crowmagnumb
by
9.2k points
4 votes

Answer:Clare made $160 babysitting last summer. She put the money in a saving account that pays 3% interest per year

Explanation:

answered
User Malcor
by
7.9k points

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