SOLUTION: Salesi invests his savings of $1 530 at 4.3% interest per year for three years. Find the value of his savings after three years.

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Question 1024102: Salesi invests his savings of $1 530 at 4.3% interest per year for three years. Find the value of his savings after three years.
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
Simple interest is found by
I = Prt
so here we get
I = (1530)(.043)(3) = $197.37 interest
Add that to his original principal and get
$1727.37