Question

Brody deposited $500 into a savings account that earns 2.1% simple interest. What is the total amount in his account after 7 years?

Answer 1

73.5

Explanation:

Part/whole=percent/100

?/500=2.1%/100

500 divided by 100 is 5, so 2.1% times 5 is 10.5, which is the amount of interest made per year.

So, 10.5 times 7 is 73.5