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Ben deposited $6,500 in a simple interest account that pays 2.8% interest. If Ben leaves the money in the account for 12 years, how much interest will he earn?

Ben deposited $6,500 in a simple interest account that pays 2.8% interest. If Ben leaves the money in the account for 12 years, how much interest will he earn?
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Ben deposited $6,500 in a simple interest account that pays 2.8% interest. If Ben leaves the money in the account for 12 years, how much interest will he earn?

User Sahibjot Singh
by
7.6k points

1 Answer

3 votes

Answer: 2184

Explanation:

6,500 x 0.028 = 182 x 12

User Xavierzhao
by
8.4k points
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