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27 February, 14:17

200 at 6% how much will Rachel have in her account in 10years

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  1. 27 February, 18:11
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    Simple interest

    I=PRT

    I=interst

    P=principle (present amount)

    R=rate (in decimal)

    T=time in years

    200=Principal

    6%=0.06=R

    T=10 years

    I=200 (0.06) (10)

    I=12 (10)

    I=120

    ok so she earns 120

    add that

    200+120=320

    she has $320 after 10 years
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