dejesusazeneth221
Answered

Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Dominique deposited $3,000 into an account earning simple interest. The interest rate is 2.6%. How much interest will Dominique earn in 5 years? How much money will be in the account after 5 years? (assuming no new deposits SHOW THE WORK PLEASE​

Sagot :

Answer:

$390

Step-by-step explanation:

Way 1:

$3,000 x 2.6 % = $78

$78 x 5 = $390

Way 2:

$3,000 x (2.6x5) =

$3000 x 13% =

$390

Hope that helps!

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.