Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You deposit $ 1 3 3 0 in a savings account paying 4 . 1 % simple intrest. How much intrest will you earn in

You deposit $1330 in a savings account paying 4.1%simple intrest.
How much intrest will you earn in 6 years?
How much is in the account at the end of 6 years?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance A Practical Approach

Authors: Jane King, Mary Carey

1st Edition

0199668833, 9780199668830

More Books

Students also viewed these Finance questions

Question

=+What needs to be said first?

Answered: 1 week ago

Question

=+You couldn't expect more from a cow, could you?

Answered: 1 week ago