Ask Question
13 November, 03:58

Jose deposits $1500 of his tax refund into an account that earns simple annual interest. How much interest will his account earn after 6 years at an annual interest rate of 4%?

+5
Answers (1)
  1. 13 November, 04:17
    0
    1500 x 4% = 60

    60 x 6 = 360

    His account will earn $360 interest after 6 years.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Jose deposits $1500 of his tax refund into an account that earns simple annual interest. How much interest will his account earn after 6 ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers