If you put $700 in a savings account at an interest rate of 3 percent,how much money will you have in one year?
A) $370
B) $679.61
C) $703.00
D) $721

Name: If you put $700 in a savings account at an interest rate of 3 percent,how much money will you have in one year? A) $370 B) $679.61 C) $703.00 D) $721
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Question

Quizplus · Accepted Answer

The interest earned in one year is 3% of $700, which is $21. Adding this to the initial amount gives $721.

If You Put $700 in a Savings Account at an Interest