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10 January, 18:19

An account earns simple interest.

$700 at 8% for 6 years

a. Find the interest earned.

BFind the balance of the account.

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Answers (1)
  1. 10 January, 18:53
    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
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