keidrahthomas keidrahthomas

06-12-2018
Mathematics

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Carley has been babysitting since sixth grade. She has saved $3,000 and wants to open an account at the bank so that she earns interest on her savings. Simple Bank pays simple interest at a rate of 10%. How much money will Carley have after 1 year?

How much money will Carley have after 3 years?

How much money will Carley have after 5 years?

Respuesta :

MiaTortilla1806 MiaTortilla1806

06-12-2018

Answer:

after 3 years she will have : 3,900

after 5 years she will have : 5,400

Step-by-step explanation:

3,000 - 10% = 300

300 x 3 = 900

300 x 5 = 1,500

3,000 + 900 + 1,500 = 5,400

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