Monico invests $9,000 at 2% simple interest for 1 year. How much is in the account at the end of the 1 year period ?

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Verlyn Luna asked Apr 13, 2022

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Monico invests $9,000 at 2% simple interest for 1 year. How much is in the account at the end of the 1 year period ?

Mathematics
college

Verlyn Luna asked Apr 13, 2022

by Verlyn Luna

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9 votes

Answer:

There will be $8820 in Monico's account at the end of the one year period.

Explanation:

9000*0.02 = 180

9000 - 180 = 8820

Have a nice day! :-)

Nazgob answered Apr 13, 2022

by Nazgob

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22 votes

Answer:

9180

Explanation:

9000*1.02

Emax answered Apr 19, 2022

by Emax

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