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goldfiish [28.3K]
2 years ago
14

A savings account earns 6% simple interest per year. The principal is $800. What is the balance after 18 months?

Mathematics
1 answer:
vodomira [7]2 years ago
7 0

Answer:

$72

Step-by-step explanation:

Interest= PNR

p = principal

n = number of years

r = rate of interest

i = 6% x 800 x 18/12

i = 72

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\bf \begin{array}{ccllll}
amount&\%\\
\text{\textemdash\textemdash\textemdash}&\text{\textemdash\textemdash\textemdash}\\
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\end{array}\implies \cfrac{2000}{640}=\cfrac{100}{x}

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Answer:

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