Ask Question
27 January, 19:41

An account earns annual simple interest. find the balance of the account.

$2,000 at 9% for 6 months

+4
Answers (1)
  1. 27 January, 20:00
    0
    y=2000 (1+.09^2) ^1/2

    y=2000 (1.09^2) 1/2

    y=2000 (1.1881) ^1/2

    y=2000 (1.09)

    y=$2180
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “An account earns annual simple interest. find the balance of the account. $2,000 at 9% for 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