SOLUTION: Krystal plans to save $500 at the end of Year 1, $600 at the end of Year 2, and $800 at the end of Year 3. If she earns 2.8 percent on her savings, how much money will she have sav

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Question 1146689: Krystal plans to save $500 at the end of Year 1, $600 at the end of Year 2, and $800 at the end of Year 3. If she earns 2.8 percent on her savings, how much money will she have saved at the end of Year 3?
Answer by greenestamps(13198)   (Show Source): You can put this solution on YOUR website!


At the end of year 3, the $500, having been deposited at the end of year 1, will have earned the 2.8% interest twice; the $600, having been deposited at the end of year 2, will have earned the interest once; and the $800, having just been deposited, will have earned no interest.

ANSWER:

You can do the calculations....

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