MATH SOLVE

3 months ago

Q:
# Tracy deposited $59 into a bank account that earned 3.5% simple interest each year. If no money was deposited into or withdrawn from the account, how much money was in the account after β 112 β years? Round your answer to the nearest cent. Enter your answer in the box.

Accepted Solution

A:

112 years? I think you meant 1 1/2 years.ANYWAYS, the answer is $62.10