397,437 views
15 votes
15 votes
Krista deposited $1000 into

an account. She made no
additional deposits or withdrawals.
Krista earned 4.296 annual simple
interest on the money in the account.
What was the balance in dollars and
cents in Krista's account at the end
of 6 years?

User Emanuelle
by
2.3k points

1 Answer

24 votes
24 votes

Answer:

4.296x12x6+1000=1309.312

Explanation:

if she gets 4.296 a month you x's the months in a year the amount she gets so 12x4.296x12

User Todd Horst
by
2.4k points