andrealiz andrealiz
  • 18-09-2019
  • Mathematics
contestada

matilda invested $7000 at a simple interest rate of 3.11%. how much did she have after 6 months

Respuesta :

amylynallen200p3ur3m amylynallen200p3ur3m
  • 21-09-2019

Answer:

You deposit $7000 into a bank account paying 3.11% simple interest per month. You left the money in for 6 months. Find the interest earned and the amount at the end of those 6 months?

Result

The interest is $1306.2 and the amount is $8306.2.

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