At the end of 3 years, how much money would you have in total if you invested $75 and earned 5% simple interest?

Question

At the end of 3 years, how much money would you have in total if you invested $75 and earned 5% simple interest?

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Delilah 6 days 2021-09-12T06:05:49+00:00 1 Answer 0

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    2021-09-12T06:06:53+00:00

    Answer:

    $86.82

    Step-by-step explanation:

    y=75*(1.05)^3

    y=75*1.157625

    y=86.821875

    The amount of money after 3 years is $86.82.

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