Question

If Michael invests $2000 in the bank at a rate of 5.5% for 6 years how much interest will he make?

Answer 1

Answer:

intereste = 660

Step-by-step explanation:

$interest \: = \frac{2000 \times 5.5 \times 6}{100} \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = \frac{66000}{100} \\ \: \: \: \: \: \: \: \: \: \: \: = 660$

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