Ask Question
22 March, 02:34

Ravi deposited $950 into a saving account at his local bank. if the interest rate is 2.5% then how much will he have after 6 months?

+4
Answers (1)
  1. 22 March, 02:46
    0
    I=prt

    I=950*0.025*6/12=11.875

    He will have 950+11.875=961.875
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Ravi deposited $950 into a saving account at his local bank. if the interest rate is 2.5% then how much will he have after 6 months? ...” 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