Question

scott deposits $1025 in an account that earns 5.2% simple interest. Estimate what the account will be worth after 2 years.

Answer 1

I = PRT

P = starting money
R = rate
T = years
I = interest earned

Answer 2

so its I = (1025)(.052)(2) ...?

Answer 3

yup.
after you get I, add it to P so you have the total money

Answer 4

thanks! :)