Simple Interest Question

mroberts

New member
Joined
Aug 11, 2015
Messages
9
Here's my question,

An individual puts $ 100 into a bank account every two weeks. The deposit is made at the end of each two week period.
How much is in the bank account at the end of one year (52 weeks) if the simple interest rate is 3%?



Regards
Marshall

 
Last edited:
Top