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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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Mar 1, 2022
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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
Kamal Upasena
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Answer:
$107.60
Explanation:
100 [1 + (0.076 * 1)] = 107.6
= $107.60
Jilseego
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Mar 7, 2022
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Jilseego
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