Michelle opened an
interest-bearing savings
account. She deposited $8,750
into the account. If the account
earns 1.3% interest, what will
be Michelle's balance after two
years?

PLEASE HELP

Respuesta :

The answer is 2,275

The percent turns from 1.3 to .013
Multiply the deposit and the time
After, multiply that amount that you get by the decimal( .013) and that will be your answer