3 years ago

Charles deposited $900 in a new account that earns 6% simple interest. After 2 years, how much interest will she have earned?

1 answer:

5 0

Simple interest is A=P(1+rt) so it would actually be $1008 as the final account balance so in interest she would have aquired 1008-900=$108

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zmey [24]

Answer:

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3 years ago