Ask Question
1 February, 14:04

An account earns simple interest.

$700 at 8% for 6 years

a. Find the interest earned.

BFind the balance of the account.

+5
Answers (1)
  1. 1 February, 14:29
    0
    interest is 336

    Account balance is 1036

    Step-by-step explanation:

    Formula for simple interest is i=p*r*t

    For the total you add 700 to 336

    *8% is converted to 0.08

    sorry i messed up
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “An account earns simple interest. $700 at 8% for 6 years a. Find the interest earned. BFind the balance of the account. ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers