Mathematics, 10.11.2021 20:30 qveenl
To be able to buy a new computer, Lisa decides to save for 3 years. She opens a savings account with $500. The account pays simple interest at an
annual rate of 5%. She doesn't make any more deposits.
Answer the following questions. If necessary, refer to the list of financial formulas.
(a) How much total interest will Lisa earn?
Х
?
(b) What will the total amount in the account be including interest)?
Answers: 1
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To be able to buy a new computer, Lisa decides to save for 3 years. She opens a savings account with...
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