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45 votes
45 votes
Find the total balance of each investment account earning simple annual interest. A: $624 at 5% for 3 years

$93. 60
B: $4,120 at 7% for 18 months
$432. 60
C: $900 at 3. 1% for 6 months
D: $275 at 4. 8% for 8 years
$105. 60

User Julina
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1 Answer

16 votes
16 votes

Answer:

the answer is A because if the interest is equal to 624×5×3÷100 which would give us 93.60

but for the rest the when you solve it you won't get the same answer below it

User Herzmeister
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2.9k points