An investor deposits $825 into a retirement account that pays 6.5% simple annual interest. If no additional investment is made, how much interest should the investor expect at the end of 4 years?

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asked Feb 21, 2022 222k views

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An investor deposits $825 into a retirement account that pays 6.5% simple annual interest. If no additional investment is made, how much interest should the investor expect at the end of 4 years?

Mathematics
high-school

Socksocket asked

by Socksocket

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1 Answer

7 votes

Answer:

225.7

Explanation:

Philo answered Feb 26, 2022

by Philo

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