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OpenStudy (anonymous):
Yvonna put $4,000 in a savings account. At the end of 3 years, the account had earned $960 in simple interest. a. How much does she have in her account by the end of 3 years? b. At what annual simple interest rate did the account grow? Show your work. c. How many more dollars would she have in her account if the interest rate were 1% greater? Show your work.
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OpenStudy (anonymous):
$4,000 X .09 = $360 $360 X 3 = $1,080 $1,080 - $960 = $120
OpenStudy (anonymous):
thxxx
OpenStudy (anonymous):
no prob. fellow directioner ;)
OpenStudy (anonymous):
hehe I LOVE 1D!
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