Mindy deposits $250 into a savings account that pays simple interest. If the interest rate is 1.5%, what is her account balance at the end of 2 years if she makes no withdrawals?
A. 253.75
B. 257.50
C. 253.00
D. 507.50
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Home » Mathematics » Mindy deposits $250 into a savings account that pays simple interest. If the interest rate is 1.5%, what is her account balance at the end of 2 years if she makes no withdrawals? A. 253.75 B. 257.50 C. 253.00 D. 507.50