aiden opens a savings account with a deposit of 4,500. the account pays 3% simple interest. if aoden does not make any more deposits or withdrawls, how much money will he have on the account at the end of the two years?

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Serenity Mooney

Mathematics

9 July, 07:08

aiden opens a savings account with a deposit of 4,500. the account pays 3% simple interest. if aoden does not make any more deposits or withdrawls, how much money will he have on the account at the end of the two years?

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Itsy · Answer 1

would have 4365 because 4500 - 135 = 4365 the number 135 is 3% of 4500 then if you do not retreat or anything like that would stay that for the rest of the two years. (4365). If I'm wrong in something, let me know.