Question

3. Ben earns $1200 each summer and puts the money in a savings account with a 4% simple interest rate. If he deposits the same amount each year, how much
money will he have at the end of his third summer?
(Points : 1)
$4770
$3744
$3175
$2850


Question 4. Josh earns $2700 each summer and puts the money in a savings account with a 4.5% simple interest rate. If he deposits the same amount each year, how much money will he have at the end of his third summer?
(Points : 1)
$4770
$8464.50
$9125.70
$12,850