Patriciodeposits $500 in the same account that pays a 1.5% simple interest he does not withdraw any money from the account any makes no othe

Question

Patriciodeposits $500 in the same account that pays a 1.5% simple interest he does not withdraw any money from the account any makes no other deposits how much money does Patricio happiness saving account after 5 years​

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Kim Chi 5 years 2021-08-29T18:04:31+00:00 1 Answers 15 views 0

Answers ( )

  1. Delwyn
    0
    2021-08-29T18:06:08+00:00
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    Answer: $537.5

    Step-by-step explanation:

    $500 at 1.5% for 5 years

    p x  r x t = i

    500 x 0.015 x 5= 37.5

    37.5+500=537.5

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