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3 January, 05:29

A deposit of $7,000 at 6.5% for 120 days. 151.67 358.97

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  1. 3 January, 07:32
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    120 days is approximately equals to 4 months. (30 days * 4 = 120 days)

    Now you deposited 7000 dollars at 6.5% interests.

    IN 1 months

    => 7000 *.065 = 455 dollars in 1 month is the interest

    => 455 * 4 months = 1820 dollars n 4 months

    => 7000 + 1820 = 8820 dollars.
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