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Rainbow [258]
3 years ago
12

Jermanie earned $2000 during the summer. He plans to put the money in a savings account and leave it for 40 years. The account w

ill earn 9% simple interest annually. What will the balance be after 40 years?
Mathematics
1 answer:
Sphinxa [80]3 years ago
8 0

Answer:

9,200$ is what he would have after the 40 years

Step-by-step explanation:

9% of 2,000$ is 180$

take the 180$ and multiply it by 40 (40 is the years)

and you get 9,200$

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