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anyanavicka [17]
3 years ago
5

If you deposit $5,000 into an account that pays 4% simple interest, what will the balance be in 6 years?

Mathematics
1 answer:
aev [14]3 years ago
7 0

Answer:

$6,200   i hope this helps!   :)

Step-by-step explanation:

the 4% interest of the $5000   4% of 5000 = 200

multiply by 6 for the 6 years   200 * 6 = 1200

add the 1200 to the 5000   5000 + 1200 = 6,200

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Step-by-step explanation:

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Given the question in the image, the following are the solution steps to answer the question.

STEP 1: Define the converse of a statement

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Routine and non routine problems involving integers
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