Ask Question
6 July, 21:30

For this item, answers should be rounded to the nearest cent.

Nicole deposited $250 into a savings account that earns 1.5% simple interest per year. Use this information to complete the statement.

After six years, Nicole will have earned $

in interest, and the total balance of her savings account will be $

.

+2
Answers (1)
  1. 6 July, 21:44
    0
    The interest would be 3.75 x 6 = 22.5

    so the answer is $22.5 $272.50
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “For this item, answers should be rounded to the nearest cent. Nicole deposited $250 into a savings account that earns 1.5% simple interest ...” 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