geegee2130 geegee2130

26-05-2020
Mathematics

contestada

Jacob deposits $1500 into a savings account that earns 2% simple interest. The interest is applied to his account
at the end of each year. What is the balance in his account after 2 years?

Respuesta :

animefan07 animefan07

26-05-2020

Answer:

$60

Step-by-step explanation:

1500 times 2% is 30

30 times 2 is 60

so the answer is $60

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