jonahtabrizi
jonahtabrizi jonahtabrizi
  • 17-03-2022
  • Mathematics
contestada

Charlie deposits $7000 into an account that pats simple interest at a rate of 5% per year. How much Intrest will he be paid in his first 6 years?

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kierstanedwards
kierstanedwards kierstanedwards
  • 17-03-2022

Answer:

2100 of just interest, with original amount- 9100

Step-by-step explanation:

5% of 7000 is 350, 350 x 6 is 2100.

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