Register
An account earns simple interest. $700 at 8% for 6 years a. Find the interest earned. $___ b. Find the balance of the account. $___
200k views
2 votes
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
6.9k points

2 Answers

3 votes

Answer

$336 for the first one. $1036 secound.

Explanation:

User Notuo
by
6.6k points
3 votes
It earned $336 in interest and the new balance is $1036.
User Zachary Newman
by
7.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.3m questions

9.7m answers

Other Questions

How do you estimate of 4 5/8 X 1/3
Write words to match the expression. 24- ( 6+3)
Please solve the following equation. x-6x=56
whats the most accurate estimation of 65+77
Find the additive inverse of 18/23
Link Copied!