130k views
5 votes
You put $939 into an investment at 8% for 6 years. What will the balance be at the end of 6 years?

User Konsumer
by
4.7k points

1 Answer

5 votes

Answer:

At simple interest it will be 939+939×6×0.08=$1389.72.

Explanation:

User JRG
by
4.8k points