Let's Practice Saving
Ravi deposited $950.00 into a saving account at his local credit union. If the annual interest rate is 2.5%, then how much will he have in one year?
If Amy puts $482 in her savings account and earns 5% interest annually, how much will she make in interest over three years? How much will be in her savings account at the end of three years?
Anthony is trying to save $1,000. He currently has $747 in his bank account. He just earned another $25 by helping his dad do chores around the house and got $35 for his birthday. How much more does Anthony need to save to meet his goal?
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