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26 March, 10:01

Tyler deposited $100 into a savings account for 6 years. The account earns 5% simple annual interest. 1. How much money will Tyler have earned in interest at the end of 6 years? 2. What is the total value of Tyler's savings after six years?

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  1. J
    26 March, 13:49
    0
    100$*0.05 = 5 $ is her annual interest

    qusetion number 1. 5$ * 6 years = 30 $

    for question number 2. 100$+30$=130$
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Home » Mathematics » Tyler deposited $100 into a savings account for 6 years. The account earns 5% simple annual interest. 1. How much money will Tyler have earned in interest at the end of 6 years? 2. What is the total value of Tyler's savings after six years?
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