Blue Math

A Math Problem 2 Solve:

Question: A city bank pays interest on savings at a rate of 4% per year. If a student has

$6, 700 deposit, what is the interest earned after a year? How much is left in the bank

after three years?

Hint: rate=4%=0.04, principal=$6, 700,

Formulas: One Year Interest=rate x principal=___ x______=_______

Three Year Interest=rateprincipal x time=___ x ____ x ____=_______

Money is the bank after 3 years=Principal + Three Year Interest=___ +__=___

Good Luck!  😉 😉 🙂

Blue Monday

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