Mathematics, 09.10.2019 15:00 jjj1931
Yvonne put $4,000 in a savings account. at the end of 3 years, the account had earned $960 in simple interest.
a. how much does she have in her account at the end of 3 years?
b. at what annual simple interest rate did the account grow?
c. how many more dollars would she have in her account if the interest rate were 1% greater?
for each question, show your steps and explain your work.
Answers: 2
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