aguzmanyeet aguzmanyeet

14-03-2021
Mathematics

contestada

A savings account earns 7% annual simple interest. The principal is $1,800. What is the interest
after 6 years? What is the balance?

Respuesta :

mathstudent55 mathstudent55

14-03-2021

Answer:

The interest is $756.

The balance is $2,556.

Step-by-step explanation:

I = Prt

I = $1,800 * 0.07 * 6

I = $756

The interest is $756.

$1800 + $756 = $2,556

The balance is $2,556.

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