Mathematics, 17.10.2020 14:01 qgab23
You deposit $900 in a savings account that earns a simple interest rate of 4.5% per year. You calculate you will earn $1215 in interest over 3 years. Is your answer reasonable?
A. Yes; the interest will be much less than the total in the account
B. No; the interest will be much less than the total in the account.
C. No; the interest will be more than the total in the account.
D. Yes; the interest will be more than the total in the account.
Answers: 1
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You deposit $900 in a savings account that earns a simple interest rate of 4.5% per year. You calcul...
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