Vianney deposits $7,500 in an investment account that earns 3% simple interest annually. About how much will be in her account after 5 years, if she makes no withdrawals or deposits?
$6,375 because you multiply 7,500 times 0.03 which gets you 225 then you have to multiply 225 by 5 which also gets you $1,125 but to get the amount that will still be there you subtract 7,500 by 1,125 then you get the final answer of $6,375
