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An account earns simple interest. $700 at 8% for 6 years a. Find the interest earned. $___ b. Find the balance of the account. $___
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An account earns simple interest. $700 at 8% for 6 years

a. Find the interest earned. $___

b. Find the balance of the account. $___

User Nbushnell
by
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2 Answers

3 votes

Answer

$336 for the first one. $1036 secound.

Explanation:

User Notuo
by
8.1k points
3 votes
It earned $336 in interest and the new balance is $1036.
User Zachary Newman
by
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