Question

Plz, HELP! Heather earned 750$ at a summer job and deposited it in a bank. The savings account paid 3% simple annual interest. What is the balance in her account at the end of four years? Please Answer correctly and explain your answer. :D

Answer 1

Answer: 844.131607

Step-by-step explanation:

750/100=7.5

7.5 is 1%

22.5 is 3%

YEAR 1 (750+22.5) 772.5

772.5/100

7.725 is 1%

23.175 is 3%

YEAR 2 (23.175+772.5) 795.675

795.675/100

7.95675 is 1%

23.87025 is 3%

YEAR 3 (23.87025+795.675) 819.54525

819.54525/100

8.1954525 is 1%

24.5863575 is 3%

YEAR 4 (24.5863575+819.54525) 844.131607

:D Done! Please give me brainliest! It took alot of time for me to do this!