Wyatt invests $1200 into an account that earns 6.2% simple interest for 4 years. He does not make any other deposits or withdraw
als. At the end of 4 years, Wyatt invests the entire account balance into a different account that earns 8% simple interest. He leaves the money in the account for 5 years without making any additional deposits or withdrawals.
What is the new account balance at the end of 5 years?
Drag and drop values into the boxes to correctly complete the statements.
Wyatt invests $ (Answer) into the account that earns 8% simple interest. At the end of 5 years, the account balance is (Answer)
(2x+3y)+(7x-3y)
First, group like terms together, so (2x+7x) + (3y-3y). Then simplify within the parentheses. 2x+7x = 9x and 3y-3y = 0, so you have 9x, which cannot be simplified any further. The answer is 9x.
