Answered

Bertha deposited $1000 into a retirement account when she was 18. How much will Bertha have in this account after 50 years at a yearly simple interest rate of 7.5%?

Answer :

frankiebowne
to get yearly interest: 1,000*7.5%=0.075

after 50 years: 0.075*50=3,750

add 1,000: 4,750

ANSWER: Bertha will have $4,750 after 50 years with an interest rate of 7.5%

Answer:

$4750

Step-by-step explanation:

Other Questions