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An account pays 8% per year simple interest. in year 1, the amount in the account is $850. how much is in the account in year 6?

An account pays 8% per year simple interest. in year 1, the amount in the account is $850. how much is in the account in year 6?
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3 votes
An account pays 8% per year simple interest. in year 1, the amount in the account is $850. how much is in the account in year 6?

User Pkberlin
by
8.3k points

1 Answer

2 votes

Answer:

Explanation:

$1,248.92

User RoshanKumar Mutha
by
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