Mathematics, 10.11.2021 21:10 ashl3yisbored
To be able to buy a new computer, Lisa decides to save for 3 years. She opens a savings account with $500. The account pays simple interest at an
annual rate of 5%. She doesn't make any more deposits
Answer the following questions. If necessary, refer to the list of financial formulas.
(a) How much total interest will Lisa earn?
(b) What will the total amount in the account be (including interest)?
Answers: 2
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