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elena-14-01-66 [18.8K]
3 years ago
8

Andrea opened a savings account with $1,750 she received for graduation. The account pays 4.3% simple interest. What is the bala

nce after 6 months?
Mathematics
1 answer:
Schach [20]3 years ago
5 0

Answer:

$1787.625

Step-by-step explanation:

We first determine the interest earned in 6 months time using the simple interest formula;

I=\frac{PRT}{100}\\I=\frac{1750*4.3*0.5}{100}\\I=37.625

The balance in the account will be;

1750 + 37.625 = $1787.625

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