37. Savings Gabriel Branson invested his summer earnings of $3000 in a savings account for college. The account pays 1.5% simple interest. What will be the value of this account after 2 years?
37. Savings Gabriel Branson invested his summer earnings of $3000 in a savings account for college. The account pays 1.5% simple interest. What will be the value of this account after 2 years?
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter9: Current Liabilities, Contingencies, And The Time Value Of Money
Section: Chapter Questions
Problem 9.18E
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