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Peitra has $1,000 to deposit into a bank. She puts the money into an account that earns simple interest of 1.25% each quarter. Complete
Peitra has $1,000 to deposit into a bank. She puts the money into an account that earns simple interest of 1.25% each quarter. Complete the following table that shows the amount in her account each quarter for the first year. x (quarter) 0 1 2 y ($ balance) $ 69 $ 69 $1,000 3 69 4 $ 69 (Think: What about the table shows that this is simple interest?) Complete the following sentence: "After 5 years (or 20 quarters), Peitra will have $ "
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