Answer:
1. C (59.5)
2. A (70)
3. B (87.5)
Step-by-step explanation:
1. Convert all of the percents into decimals.
A - 4 % becomes 0.04
B - 3.5 % becomes 0.035
C - 4.25 % becomes 0.0425
2. Multiply the original deposit by the interest rate.
A - 350 (0.04) = 14
B - 500 (0.035) = 17.5
C - 280 (0.0425) = 11.9
3. Multiply the interest by the number of years.
A - 14 (5) = 70
B - 17.5 (5) = 87.5
C - 11.9 (5) = 59.5
