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HELPPPP. debra deposits $600 into an account that pays simple intest at a rate of 5% per year. how much ibttest will she be paid in the forst 2 years.
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HELPPPP. debra deposits $600 into an account that pays simple intest at a rate of 5% per year. how much ibttest will she be paid in the forst 2 years.

User Jongware
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1 Answer

7 votes

Answer:

$660

Step-by-step explanation: 5% per year

5x2= 10%

percent is always out of 100

100+10=110 110 divided by 100= 1.10

600x1.10= $660

User Derek Redfern
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