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12 September, 10:05

Faye Tallity earns simple interest on her savings account. She deposits $1,200 into her account and will have $1,344 after 2 years. How much will Faye have in her account 7 years after her initial deposit?

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  1. 12 September, 11:16
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    Faye will have $1704.00 total money in her account.

    She earned $504.00 interest for 7 years.

    (She earned $144 for 2 years, divide in half $72 a year = $72*7=$504
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