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38 votes
Wyatt invests $1200 into an account that earns 6.2% simple interest for 4 years. He does not make any other deposits or withdrawals. At the end of 4 years, Wyatt invests the entire account balance into a different account that earns 8% simple interest. He leaves the money in the account for 5 years without making any additional deposits or withdrawals. What is the new account balance at the end of 5 years? Drag and drop values into the boxes to correctly complete the statements. ​

Wyatt invests $1200 into an account that earns 6.2% simple interest for 4 years. He-example-1
User Jasonfungsing
by
2.7k points

2 Answers

7 votes
7 votes

Answer:

297.60 & 1497.60

Step-by-step explanation:

I had the question before and got it right.

User Ben Scheirman
by
2.9k points
12 votes
12 votes

Answer:

the correct answers are (1) 1497.60 and (2) 2096.64

Step-by-step explanation:

these were the correct answers!!

100% honest!!

User Thomas Crawford
by
3.1k points
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