Use simple interest to find the ending balance $14,000 at 6% for 9 years

asked Jun 9, 2022 24.3k views

12 votes

Use simple interest to find the ending balance
$14,000 at 6% for 9 years

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13 votes

Answer:

$21,560.00

Explanation:

SI = 14,000 x 0.06 x 9

SI = $7,560

$14,000 + $7,560 = $21,560.00

Scott Dowding answered Jun 14, 2022

6.1k points

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