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Kristen deposits $475 into a savings account which earns simple interest at a rate of 6% per year. She want to use the interest to by a new camera. Which price camera could Karen buy at the end of 8 year
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Kristen deposits $475 into a savings account which earns simple interest at a rate of 6% per year. She want to use the interest to by a new camera. Which price camera could Karen buy at the end of 8 year's

User Jason Youk
by
9.6k points

1 Answer

2 votes

Answer:

228.00

Explanation:

475.x6%=28.50

28.50x8=228.00

User Hammerbot
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7.0k points
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