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Chanelle deposits $7500 into the bank. She does not withdraw or deposit money for 6 years. She earns 6% interest during that time. a) How much interest will she have earned at the end of 6 years? b) What
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Chanelle deposits $7500 into the bank. She does not withdraw or deposit money for 6 years. She

earns 6% interest during that time.
a) How much interest will she have earned at the end of 6 years?
b) What will the balance be when she is finally able to withdraw the money?

User Aloha
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4.9k points

2 Answers

4 votes
i’m not sure i understand
User Tdao
by
5.1k points
2 votes

Answer:

A: she will earn 450$ interest

B:the balance will be 7950$

hope that helps

Explanation:

User Thoran
by
5.0k points
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