Ask Question
24 December, 01:51

An account earns simple interest.

$700 at 8% for 6 years

a. Find the interest earned.

BFind the balance of the account.

+3
Answers (1)
  1. 24 December, 02:13
    0
    interest is 336

    Account balance is 1036

    Step-by-step explanation:

    Formula for simple interest is i=p*r*t

    For the total you add 700 to 336

    *8% is converted to 0.08

    sorry i messed up
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “An account earns simple interest. $700 at 8% for 6 years a. Find the interest earned. BFind the balance of the account. ...” 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