59.9k views
1 vote
Can somebody help with this problemo

Can somebody help with this problemo-example-1
User Nuthinking
by
7.7k points

1 Answer

1 vote

Answer: end balance: $8,496.95

total interest: $1,496.95

Explanation: total interest = $7000 × 8.554% × 30 ÷ 12 = $1,496.95

end balance = $7000 + $1,496.95 = $8,496.95

User IKiR
by
7.7k points

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