Zachary invests $400 into an account that earns 3.5% simple interest for 5 years. He does not make any other deposits or withdra
wals. At the end of 5 years, Zachary invests the entire account balance into a different account that earns 5% simple interest. He leaves the money in the account for 2 years without making any additional deposits or withdrawals.
What is the new account balance at the end of 2 years?
Drag and drop values into the boxes to correctly complete the statements.
Zachary invests $Response area into the account that earns 5% simple interest. At the end of 2 years, the account balance is $Response area.
