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August 1, 2014

August 1, 2014

Posted by **kayla** on Tuesday, June 12, 2012 at 4:18pm.

- GED-Word Problems -
**DrBob222**, Tuesday, June 12, 2012 at 4:32pmThe problem isn't clear as to when the additional $200 is added. If at the end of the first year,

interest on $300 = 300 x 0.05 = $15.00.

300 + 15 = 315.00 from the original deposit + $200 from the additional. Total is $515.00 if I interpreted the problem correctly.

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