Eric invested $20,500 in an account that earns 1% simple interest. He will make no more deposits or withdrawals.

How much interest will Eric earn at the end of 15 years?

a

$17,425.00

b

$3,075.00

c

$23,575.00

d

$30,750.00

what will Eric's account balance be at the end of 15 years?

a

$3,075.00

b

$30,750.00

c

$17,425.00

d

$23,575.00

Great job, man!

Step-by-step explanation:

i think there was a typo. you wrote pat brings 3 quarts of ice-cream to the party. each serving of ice-cream is 1 6 quart. how many total servings of ice-cream does pat bring to the party? i think the bold is supposed to be 1/6. so 1 quart of ice cream = 6 servings. 6 * 3 = 18.