Create a free account!

When you create an account, we'll save your progress. Plus, you'll have access to some cool tools, like reports, assignments, gradebook, and awards.

Kelly plans to put her graduation money into an account and leave it there for 4 years while she goes to college. She receives $750 in graduation money that she puts it into an account that earns 4.25% interest per year. (note: the simple interest on an investment is directly proportional to the amount of the investment. The simple interest is also directly proportional to the number of years the money is in the account earning interest)

At the end of four years Kelly’s account will have a total of $ . (Round to the nearest whole cent)

Correct!