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OpenStudy (willhdez):
Aaron deposited $591.07 in a savings account that earns 3.7% simple interest. What is Aaron's account balance after seven years? $153.09 $744.16 $1,530.87 $612.94
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OpenStudy (comeasyouare):
i think its A.
OpenStudy (xlnsyq842):
A= P(1+ rt) A is the answer P is the principal ($591.07) r is the interest rate (3.7% or .037) t is time (7 years) Thus, Answer=591.07(1+.037*7)
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