Question 1061390
A wedding couple received $910 in gift money. they deposited it in an account that pays 5.2% simple interest, for 3 1/2 years. what is their ending balance 
<pre>This is a STUPID problem. If they leave that $910 in the account for {{{3&1/2}}} years, the money will earn COMPOUND INTEREST, not SIMPLE INTEREST.
Now, if they should WITHDRAW the interest at the end of every year, then the interest earned would be on the $910, once they MAKE SURE THEY LEAVE $910 at the end of each interest period.