Faye Tallity earns simple interest on her savings account. She deposits $1,200 into her account and will have $1,344 after 2 yea

Question

Goshia [24]

3 years ago

7

Faye Tallity earns simple interest on her savings account. She deposits $1,200 into her account and will have $1,344 after 2 yea

rs. How much will Faye have in her account 7 years after her initial deposit?

Mathematics

1 answer:

Marat540 [252] · Answer 1 · 2022-03-26T11:04:59+03:00

Marat540 [252]3 years ago

8 0

Faye will have $1704.00 total money in her account.
She earned $504.00 interest for 7 years.
(She earned $144 for 2 years, divide in half $72 a year= $72×7=$504