kristalbell606 kristalbell606

03-05-2020
Mathematics

contestada

Desmond has $90,000 in a savings account. The interest rate is 8 % per year and is not compounded. How much will he have in 3 years?

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SugarCoatedTragedy SugarCoatedTragedy

03-05-2020

Answer:

$111,600

Step-by-step explanation:

8% of $90,000 is $7,200

$7,200 x 3 = $21,600

90,000 + 21,600 = $111,600

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