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3 years ago

5

Christina opened a savings account and deposited $200 as principal. the account earns 6% interest, compounded annually. What is

the balance after 6 years?

2 answers:

Genrish500 [490]3 years ago

6 0

Answer:After 6 years the balance is 283.70

Step-by-step explanation:

Scilla [17]3 years ago

4 0

6%/100 = 0.06

$200*0.06 = $12

6years* $12 = $72

200+72= 272

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