tonyaleemiller38 tonyaleemiller38
  • 14-09-2021
  • Mathematics
contestada

You invested $7000 into a money market account for 10yrs at an annual interest rate of 3% what will be the balance in the account

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akingbadeadeniji
akingbadeadeniji akingbadeadeniji
  • 16-09-2021

Answer:

$9100

Step-by-step explanation:

S.I=PRT/100

S.I=$7000×3×10/100

S.I=210000/100

S.I=2100

Interest + Principal= Balance

$2100+$7000=$9100

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