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,

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asked Jan 25, 2023 27.7k views

25 votes

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?

Mathematics
high-school

Constantine M asked

by Constantine M

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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

Ivan Minakov answered Jan 29, 2023

by Ivan Minakov

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