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Mia opens a new savings account with $675 from her birthday last week. * The bank pays 8% annual simple interest * She makes no other deposits or withdrawals What would be her to…

Mia opens a new savings account with $675 from her birthday last week. * The bank pays 8% annual simple interest * She makes no other deposits or withdrawals What would be her to…
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Mia opens a new savings account with $675 from her birthday last week.

* The bank pays 8% annual simple interest

* She makes no other deposits or withdrawals

What would be her total interest in her account, at the end of 4 years?

User Constantine M
by
9.4k points

1 Answer

9 votes

Answer:

$891

Explanation:

This is Your Answer: $891, Steps below

Mia opens a new savings account with $675 from her birthday last week. * The bank-example-1
User Ivan Minakov
by
7.3k points
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