Jayden invests money in an account paying a simple interest of 7.6% per year. If he invests $100 and no morley will be added or removed from the investment, how much will he have in one year, in dollars

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Pramod H G asked Jun 14, 2022

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43 votes

Jayden invests money in an account paying a simple interest of 7.6% per year. If he

invests $100 and no morley will be added or removed from the investment, how
much will he have in one year, in dollars and cents?

Mathematics
high-school

Pramod H G asked Jun 14, 2022

by Pramod H G

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11 votes

Answer:

$107.60

Explanation:

100 [1 + (0.076 * 1)] = 107.6

= $107.60

Bharti answered Jun 18, 2022

by Bharti

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