Question
Marta deposited $2,200 in a bank account that pays 6.0 percent simple interest. How much will she have in this account after 3 years? Please
Marta deposited $2,200 in a bank account that pays 6.0 percent simple interest. How much will she have in this account after 3 years? Please explain why $2,596.00 is the answer and how to solve in a financial calculator.
| $2,596.00 | |
| $2,683.67 | |
| $2,611.25 | |
| $2,398.00 |
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Principles Of Finance With Excel
Authors: Simon Benninga
2nd Edition
0199755477, 9780199755479
