Asked by megan

Phonecia deposits $300 into a simple interest account that pays 3%. After 7 months what will be the total value of her account?
A.$309.00 B. 305.25 C. $321.00 D. $9.00

14 years ago

Answered by Ms. Sue

Is the 3% an annual percentage rate?

14 years ago

Answered by megan

I"m not sure it doesn't say if it's annual.

14 years ago

There are no AI answers yet. The ability to request AI answers is coming soon!