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13-04-2021
Mathematics

contestada

Chris deposited $445 in a simple interest account at his school's bank, where
the rate of interest is 3.4% per year. What is the balance he withdraws at the
end of two years?
a. $475.26
b. $575.26
c. $425.26
d. $375.26

Respuesta :

21-04-2021

Answer:

its a. 475.26

Step-by-step explanation:

445/ 100= 4.45

4.45×3.4=15.13

15.13+445=460.13

460.13+15.13= 475.26

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