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If Michael invests $ 2000 in the bank at a rate of 5.5% for 6 years how much interest will he make?
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1 vote
If Michael invests $ 2000 in the bank at a rate of 5.5% for 6 years how much interest will he make?

User Jklp
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2 Answers

5 votes
So we first have to find what 5.5% of 2000 is
Soooo
2000 *.55 is 1,100
So 1,100 * 6 is 6,600 so to find how much he will have we add that to 2,000 so
2,000+6,600= 8,600
So Michael will have $8,600
User Daynelle
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7.4k points
2 votes

Answer:

660

i think i hope this helped

Explanation:

User Helal
by
7.1k points
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