mathhelp12323 mathhelp12323
  • 02-12-2020
  • Mathematics
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Sam had a savings bond that earned 7% interest every year. She started with $250 in the bond. How much money will she have in the bond after one year?

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25morgankimbrell 25morgankimbrell
  • 02-12-2020

267.5 is the answer

formula I=prt    A=I+P

I=250*.07*1

I=17.5

A=17.5+250

A=267.5

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