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23 January, 08:27

Kelly Puts $350 in a savings account. The savings account Pinale

accrues interest at a flat rate of 1.05% a month. How much will

the account be worth in 7 months?

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Answers (1)
  1. 23 January, 08:36
    0
    Answer: $375.725

    Step-by-step explanation:

    A=$350*1.05%*7 month

    350 * 0.0105*7 = 25.725 will be the interest by 7 month

    Add to the amount in the account

    350+25.725 = $ 375.725
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