Juliet opened a savings account at a bank by depositing $75. The account earns simple interest at a rate of 4% per year. The money has been in the account for 5 years, and Juliet has not made any more deposits or withdrawals. How much money is in Juliet’s account?
A) $270.00
B) $78.00
C) $80.00
D) $90.00
medal n fan!

Question

Juliet opened a savings account at a bank by depositing $75. The account earns simple interest at a rate of 4% per year. The money has been in the account for 5 years, and Juliet has not made any more deposits or withdrawals. How much money is in Juliet’s account?
A)	$270.00	
B)	$78.00	
C)	$80.00	
D)	$90.00
medal n fan!

sugardemonhunters · Answer

So what exactly is 4% if you were to convert it to a decimal?

rea__ · Answer

0.04?

rea__ · Answer

@sugardemonhunters ????okay nvm u dont want to help

rea__ · Answer

any one ???

sugardemonhunters · Answer

Actually, I have to go to a doctors appointment . :)