braya0647
braya0647 braya0647
  • 12-02-2021
  • Mathematics
contestada

on your 16th birthday you open up a savings account with $1,000 that counts pays 4% simple interest how much will be in the account on your 50th birthday the beginning of the 35th year in the account

show your work please ?​

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CR7noobYT CR7noobYT
  • 12-02-2021

Answer:

3.30

Step-by-step explanation:

So in the first month your $1000 will earn $1000 * .33% = $3.30.

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