Think About the Process You deposit $7,500 into a bank account with a simple interest rate of 6%. How can you find the account balance after 3 years? Then find the account balance after 3 years
How do you find your account balance after 3 years?
O A First use I = prt to find the simple interest earned after 3 years. Then add that to the time
OB. First use l = prt to find the simple interest earned after 3 years. Then add that to the rate.
OC. First use l = prt to find the simple interest earned after 3 years. Then subtract that from the principal
OD. First use l = prt to find the simple interest earned after 3 years. Then add that to the principal