wolfpacunited23 wolfpacunited23

12-09-2020
Mathematics

contestada

Timothy puts $1,500 into a savings account. He receives a 1.35% interest rate from his bank.
If he does not add any money to the account and only collects interest, how much will have have by the time he graduates from high school 40 months later ?

Respuesta :

balprincipal19 balprincipal19

12-09-2020

Answer:

$2310

Step-by-step explanation:

1500*1.35%=20.25 each month

20.25*40=810

1500+810=2310

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