Question

Calculate the amount of money​ you'll have at the end of the indicated time period.
You invest ​$1000 in an account that pays simple interest of 2​% for 30 years.

Answer 1

Answer:1020$

Step-by-step explanation:

1000$ invested

2% simple interest means 1000*2%

1000*2/100=20$

So after 30 years total amount gained

= 1000+20=1020$