tbetterson76700 tbetterson76700

19-03-2021
Mathematics

contestada

Derrick's grandparents give him $75 for his birthday. Derrick puts the money into his savings account which has $1,458. His account has an interest rate of 5%. If Derrick leaves the money in his account and does not withdraw money, how much interest will he have after 1 year?

Respuesta :

jaselinediaz jaselinediaz

19-03-2021

Answer:

$1609.65

Step-by-step explanation:

1458+75=1533

I= Prt

I=1533 (.05) (1)=76.65

B= I+P

B=1533+76.65=$1609.65

Answer Link

Jehadicex Jehadicex

19-03-2021

The answer on top is the right answer

Answer Link

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