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Anna007 [38]
3 years ago
11

Misty deposit $3600 in a bank account that pays 2% simple interest. If she doesn't change the principal what will her balance be

in five years.
Mathematics
1 answer:
tamaranim1 [39]3 years ago
3 0
Principle amount is $3600
2% interset is $72.00
In 5 years time interest she will get is 5X72 = $360.00
Total will be 3600.00+360.00

answer $3960.00 balance will be in five years.
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4 years ago
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