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2 votes
if zachary ears $90 simple interest on $750 at 6% for 2 years, what is his new saving account balance?

User Pavelsaman
by
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2 Answers

2 votes
Yes, add the simple interest to the 750, but multiply the 90 by 2. (2 years)

750 + 180 = $930

User Dzmitry Vasilevsky
by
6.1k points
7 votes
Just add the simple interest to deposit balance (previous) 750+90=$840
User Gustav Delius
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6.6k points
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