Stephen deposited 5800 in a new savings account. The savings account earns 8.0% annually and simple interest. How much is the account after 3 years?

asked May 9, 2021 5.7k views

1 vote

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1 vote

The answer is $7, 192.

Gaw answered May 12, 2021

by Gaw

3.9k points

5 votes

Answer:

$7,192

Explanation:

8% of 5800= 464

464x3 = 1392

5800 + 1392 = 7,192

Arrowmaster answered May 15, 2021

5.1k points

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