Question

HELP

You deposit $600 in a savings account. The account earns 10% simple interest per year.
a. What is the interest earned after 10 years?
The interest earned is $ after 10 years.
b. What is the balance after 10 years?
The balance is $
after 10 years.

HERE ILL ADD A PHOTO IF IT DOSNT MAKE SENSE

Answer 1

a = 600

b = 1200

Explanation:

a =,

600 = 100%

60 = 10%

with simple interest you add the original ten percent each time so,

600+60+60+60+60+60 etc....

or

you could do 600 x 1.1¹⁰

they both work the same

b = 600 + (ans of a)