christyfdez christyfdez
  • 14-01-2021
  • Mathematics
contestada

A DEPOSIT OF $600 EARNS 2.5% INTEREST FOR 6 YEAR?

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carterturnbull123
carterturnbull123 carterturnbull123
  • 14-01-2021

Answer: $73.80 in interest over a 6 year period

Step-by-step explanation:

600*0.0205= 12.30*6=73.80

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mumsy
mumsy mumsy
  • 14-01-2021

Answer:

Step-by-step explanation:

if you have 600 dollars in the bank, and 2.5% interest

600*2.5/100=15 dollars per year

6*15=90 dollars interest in 6 years

Answer Link

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