Answer:
9.354
Step-by-step explanation:
Answer:
so your answer would be 60$
Step-by-step explanation:
I = P * r * t
Here, P = $600
r = 0.05 (decimal value for 5%)
t = 2 years
Part a)
The interest earned will be:
I = P * r * t
I = 600 * 0.05 * 2
I = $60
Part b)
The balance in the account will be $600 plus the interest earned or:
$600 + 60 = $660
The answer is C.0.2
That’s what I got
I think the answer is C 1 2/3