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Can someone help me find the amount on year 11

Can someone help me find the amount on year 11
asked 10.7k views
5 votes
Can someone help me find the amount on year 11

Can someone help me find the amount on year 11-example-1
asked
User Mudit Srivastava
by
7.3k points

1 Answer

5 votes

Answer:

525 dollars

Explanation:

simple interest yearly ( year 11 does not count because the question asking at the amount at the beginning of year 11)

interest=300*0.075*10= 225

the amount in the account : 300+225=525 dollars

answered
User Aleta
by
9.1k points
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