Kelly puts $350 in a savings account. The savings account accrues interest at a flat rate of 1.05% for 6 years. How much in total will be in the account at the end of 6 years.

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asked Dec 22, 2020 163k views

3 votes

Kelly puts $350 in a savings account. The savings account accrues interest at a flat rate of 1.05% for 6 years. How much in total will be in the account at the end of 6 years.

Mathematics
middle-school

Hady asked

by Hady

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1 Answer

4 votes

Answer:

$1,673

Explanation:

- get the interest

- multiply it by the number of years

- add the figure to the principal

Dincerm answered Dec 28, 2020

by Dincerm

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