Heather invested $11,600 in an account that pays 5% simple interest. If she invests the money for 6 years, how much will she hav
2 answers:
Answer
$15080
Step-by-step explanation:
ok so i havent done these in a while but basically.
First, we need to find out what the 6% is.
5/100 because it's PERCENT, and well we need to put the 11600 out of 1.
Wich gives us
$580. THen, we multiply that by 6, (6 years). Which gives us
$3480. Now, we add that to the $11600. WHich gives us
$15,080.
Hope this helps!
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