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rewona [7]
3 years ago
7

Gerhard deposited $5600 into a savings account that earns 4.5% simple interest each year calculated annually. What is the future

value of Gerhard's account after 12 years?
Mathematics
2 answers:
ohaa [14]3 years ago
7 0
First you have to add 5600×4.7%×12 all of that =$3158.4
lubasha [3.4K]3 years ago
6 0

Answer: 8624.00


Step-by-step explanation:


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