WILL FAN AND MEDAL . CANT GET WRONG
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
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OpenStudy (vhtran):
what is 4% as a decimal? Multiply that of 75 to get how much she lost for the first year.
OpenStudy (anonymous):
OpenStudy (vhtran):
*sorry what she gained
OpenStudy (rea__):
I GOT THE ANSWER . its d
OpenStudy (anonymous):
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OpenStudy (vhtran):
let me double check :P
OpenStudy (rea__):
i know i got it right
OpenStudy (vhtran):
:D
OpenStudy (rea__):
The money has been in the account for 5 years. This means that the amount of deposit was increased for 5 times.
75*1.04*1.04*1.04*1.04*1.04=75*1.04^5≈91.3 $
In this way i prefer to chose D) $90.00 beacuse it's the nearest number
OpenStudy (anonymous):
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OpenStudy (rea__):
why are u sending screenshot?
OpenStudy (anonymous):
something is going wrong aroud here
OpenStudy (anonymous):
i seen this all day
OpenStudy (anonymous):
even me
OpenStudy (rea__):
seen what?
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OpenStudy (anonymous):
look at the screen shots
OpenStudy (rea__):
im not getting it . u screenshot our answers
OpenStudy (vhtran):
the medals, there a program where you can change what the screen "says"