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By the end of the summer, Sarah will earn $420 doing yard work. If she deposits this amount in a savings account paying 3.5% simple annual interest, what will her balance be at …

By the end of the summer, Sarah will earn $420 doing yard work. If she deposits this amount in a savings account paying 3.5% simple annual interest, what will her balance be at …
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5 votes
By the end of the summer, Sarah will earn $420 doing yard work. If she deposits this amount in a savings account paying 3.5% simple annual interest, what will her balance be at the end of 5 years?

asked
User Mmorihiro
by
7.8k points

2 Answers

5 votes

Answer: the answer is ($493.50)

answered
User Gautam Tadigoppula
by
7.4k points
5 votes

Answer: $493.50

Explanation:

answered
User Jagjot
by
8.4k points
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