Ask Question
6 April, 10:31

Ivanna deposits $600 into an account that pays simple interest at a rate of 6% per year. How much interest will she be paid in the first years?

+4
Answers (1)
  1. 6 April, 13:10
    0
    Year 1: 636 (+$36)

    Year 2: 674.16 (+$38.16)

    Year 3: 714.61 (+$40.45)

    Year 4: 757.49 (+$42.88)

    Year 5: 802.94 (+$45.45)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Ivanna deposits $600 into an account that pays simple interest at a rate of 6% per year. How much interest will she be paid in the first ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers