khimelson304
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Carl has $500 in a saving account that pays 5% simple interest. What is the total amount of money Carl will have in his bank account after 3 years if he leaves his money in the bank?
A. $75
B. $575
C. $750
D. $7,500​

Respuesta :

Answer:

B

Step-by-step explanation:

5% of 500 = 25

5% of 525 = 26.25

5% of 551.25 = 27.56

This ends up being exactly $578.81 but for this example it would be simplified to $575

Answer:

B

Step-by-step explanation:

5% of 500 = 25

5% of 525 = 26.25

5% of 551.25 = 27.56

This ends up being exactly $578.81 but for this example it would be simplified to $575

Step-by-step explanation:

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