Elena deposits $1,500 in a savings account that earns 3.0% simple interest per year. If no deposits or withdrawals are made during the year, how much money will be in her account after one year?

FV= $1,545

Step-by-step explanation:

Giving the following information:

Elena deposits $1,500 in a savings account that earns 3.0% simple interest per year.

To calculate the nominal value of the account after one year, we need to use the following formula:

FV= (P*r*t) + P

FV= future value

P= principal

r= interest rate

t= 1

FV= (1,500*0.03*1) + 1,500

FV= $1,545

the answer to the expression is 83

3

step-by-step explanation:

in standard form:

a= dictionaries

b= maps

you have to buy 3 dictionaries, so put a 3 next to the a (dictionaries) so that you can multiply them by each other.

a3+b= 60 (the amount of money you have)

we already know the cost of a=15 so replace a with $15

($15 x 3)+b=60

multiply 15 and 3 to get $45 and replace it with $45

45+b=60

and then replace b with 15 to get the total:

45+15=60

that means you have $15 left after buying 3 dictionaries.

15 divided by the cost of a map ($5) equals 3.

so you can buy 3 maps.

sorry if it was confusing!