Homework Clinic

Mathematics Clinic => Grade 11 and 12 Mathematics => Topic started by: dalyningkenk on Feb 28, 2021

Title: John Forgetsalot deposited $100 at a 3% annual interest rate in a savings account ...
Post by: dalyningkenk on Feb 28, 2021
Solve the problem.

John Forgetsalot deposited $100 at a 3% annual interest rate in a savings account fifty years ago, and then he promptly forgot he had done it. Recently, he was cleaning out his home office and discovered the forgotten bank book. How much money is in the account?
Title: John Forgetsalot deposited $100 at a 3% annual interest rate in a savings account ...
Post by: fur on Feb 28, 2021
$438.39
Title: Re: John Forgetsalot deposited $100 at a 3% annual interest rate in a savings account ...
Post by: Micaella Thomas on Apr 26, 2022
Thank you