Enrique deposited $4,700 into an account. He made no additional withdrawals or deposits. Enrique earned 1.65% annual simple interest on the money in the account.

What was the balance in his account at the end of 4.5 years?

Enter the amount in the account in the box.

Respuesta :

ANSWER = $348.975

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Step-by-step explanation:

principle (p) = $4700

rate (r) = 1.65%

time (t) = 4.5 years

interest = (p × r × t)÷100

= ($4700 × 1.65 × 4.5)÷100

= $348.975

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Answer:

the CORRECT answer is 348.98

Step-by-step explanation: