Question

Matthew has a savings account that gives 1.5 interest. If he keeps it open for 5 years and it has a balance of 2000 how much in interest will he earn over the 5 years?

Answer 1

Answer:

15187.5=2000(1.5)^5

Step-by-step explanation:

So right now he has 2000 in his saving each year it grows by 1.5 so by year 5 it should be

15187.5 in his savings

hope I did it right