Question An account earns simple interest. $700 at 8% for 6 years a. Find the interest earned. $ b. Find the balance of the account. $

asked Jun 23, 2023 71.7k views

6 votes

Question

An account earns simple interest.

$700 at 8% for 6 years

a. Find the interest earned.

$

b. Find the balance of the account.

$

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8 votes

Answer:

1036. this is easy.

Explanation:

700 * 0.08 = 56

56 * 6 = 336.

700 + 336 = 1036.

Caseq answered Jun 27, 2023

by Caseq

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