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3 years ago

6

Cher invested $10,000 in an account that earns 2% simple interest. If Cher makes no more deposits or withdrawals, then what will

her account balance be at the end of 3 years?

1 answer:

Yanka [14]3 years ago

3 0

Answer:

$10,600.00

Step-by-step explanation:

I=PRT

I=(10,000)(0.02)2

10,000

× .02

______

200

×3

____

600.00

+10000

________

10,600

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