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24 May, 06:57

Matthew has a savings account that gives 1.5 interest. If he keeps it open for 5 years and it has a balance of 2000 how much in interest will he earn over the 5 years?

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  1. 24 May, 07:16
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    15187.5=2000 (1.5) ^5

    Step-by-step explanation:

    So right now he has 2000 in his saving each year it grows by 1.5 so by year 5 it should be

    15187.5 in his savings

    hope I did it right
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