SOLUTION: Marge puts $800 in a bank account that earns 3% annual interest. If she leaves the money in the bank but does not add to it, how much will she have at the end of the first year?

SOLUTION: Marge puts $800 in a bank account that earns 3% annual interest. If she leaves the money in the bank but does not add to it, how much will she have at the end of the first year?

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Question 883057: Marge puts $800 in a bank account that earns 3% annual interest. If she leaves the money in the bank but does not add to it, how much will she have at the end of the first year?
Answer by JulietG(1812) (Show Source): You can put this solution on YOUR website!
If the interest is simple interest, then she will have $800 * 1.03, or $824
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