afzeidan afzeidan

16-09-2020
Mathematics

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A student puts $250 into an account that pays 2% simple interest every year. How much
money in total is in their account after 3 years?

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emmajademugford emmajademugford

16-09-2020

$250 x 1.02^3 = 265.302.

Total money in their account after 3 years = $265.30

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