Answer:
Step-by-step explanation:
Alright, lets get started.
Kunio puts $3,300.00 into savings bonds means
[tex]P=3300[/tex]
pay a simple interest rate of 2.5% means
[tex]r=2.5[/tex]
[tex]t=5[/tex]
Formula for Simple interest = [tex]\frac{P*t*r}{100}[/tex]
Simple interest = [tex]\frac{3300*5*2.5}{100}[/tex]
Simple interest = $ 412.5
So, A = [tex]P + simple interest[/tex]
A = [tex]3300+412.5=3712.5[/tex]
Hence bond will be worth $ 3712.5 : Answer
Hope it will help :)
