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Find the balance at the end of 4 years if $10000 is deposited at a rate of 1.5% simple interest
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Find the balance at the end of 4 years if $10000 is deposited at a rate of 1.5% simple interest

User Krummens
by
3.9k points

1 Answer

3 votes

Answer:

$9400

Explanation:

1.5x4=6%

100-6=94

0.94x10000=9400

User Raphaelgontijolopes
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4.1k points
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