Respuesta :

northpolea
0.5% is 5$ so 5$ x 12 = 60 60 x 3 is 180 180 is your answer
tgpatterson02
The equation for that is:

x(dollar amount) · y(time in years it was in the bank) · z(percent of interest as a decimal)

Lets fill in the numbers:

1000 x 3 x .005 = 15

Add the 15 to the total and the final answer is:

$1015

Hope this helps!

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