You invest $1000 in an account at 2.5% per year simple interest. how much will you have in the account at the beginning of the 4th year? round your answer to the nearest whole dollar.

Start by changing the percent to a decimal. Move the decimal two places to the left and it changed 2.5% into 0.25.

Next, you need to find out how much interest has been accrued within 3 years by multiplying all of our variables.

1000 x 0.25 x 3 = 750

This shows that they have earned $750 in just interest in the 3 years.

We'll now add this to the principal of $1,000.

1000 + 750 = 1750

At the beginning of the 4th year, they'll have $1,750.

answer: 16

step-by-step explanation: first you would add 6+6 which equals 12 then add 2+2 which equals 4. then add 12 + 4 which is 16.

hope this ^_^