Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Ask your questions and receive precise answers from experienced professionals across different disciplines. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

At Mr. Neely bank, the interest rate offered to clients is 4.5% annually. If after three years at the bank he has earned $50 in interest, approximately how much money did he initially deposit? (Round your answer to the nearest dollar!)

Sagot :

Answer: 9 dollars.
Step-by-step explanation: Just do 4.5/50 x 100
Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.