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18 March, 13:30

Carley has been babysitting since sixth grade. She has saved $3,000 and wants to open an account at the bank so that she earns interest on her savings. Simple Bank pays simple interest at a rate of 10%. How much money will Carley have after 1 year?

How much money will Carley have after 3 years?

How much money will Carley have after 5 years?

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  1. 18 March, 15:30
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    after 3 years she will have : 3,900

    after 5 years she will have : 5,400

    Step-by-step explanation:

    3,000 - 10% = 300

    300 x 3 = 900

    300 x 5 = 1,500

    3,000 + 900 + 1,500 = 5,400
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