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Faye Tallity earns simple interest on her savings account. She deposits $1,200 into her account and will have $1,344 after 2 years. How much will Faye have in her account 7 years after her initial deposit?
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Faye Tallity earns simple interest on her savings account. She deposits $1,200 into her account and will have $1,344 after 2 years. How much will Faye have in her account 7 years after her initial deposit?

User Vladimir Shmidt
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Faye will have $1704.00 total money in her account.
She earned $504.00 interest for 7 years.
(She earned $144 for 2 years, divide in half $72 a year= $72×7=$504
User Mwweb
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