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2 years ago

9

You invest $4000 in an account at 6.5% per year simple interest. How much will you have in the account at the beginning of the 9

th year.

1 answer:

aleksandrvk [35]2 years ago

8 0

Answer:

$6340

Step-by-step explanation:

First figure out what 6.5% of 4000 is by multiplying not dividing because dividing will give you a way bigger number.

4000 x 6.5%=260

260 x 9=2340

2340+4000=6340

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The answer to your question is below

Step-by-step explanation:

See the graph below

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Formula

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