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An account pays 9% per year simple interest. In year 1, the amount in the account is $750. How much is in the account in year 6?
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4 votes
An account pays 9% per year simple interest. In year 1, the amount in the

account is $750. How much is in the account in year 6?

User Rhea
by
8.2k points

2 Answers

3 votes

Answer:

$405

Explanation:

SI=PTR/100

=9*1*750/100

=$ 67.50

In 6 yrs= 67.50*6

=$405

User Navgeet
by
8.0k points
7 votes

Answer:

The answer is $1087.50

I got it wrong because someoneeeeeee didnt give the right answer (2 people to be exact)

User Sagar Hatekar
by
8.7k points
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