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28 March, 03:37

Karen deposited $8500 in a college savings account for her grandson. the account earns an annual simple interest rate of 6.5%. how much money will she have at the end of ten years?

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  1. 28 March, 05:17
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    8500 x 6.5 x 10 + 8500 =

    8500 x 6.5 + 8500 =

    8500 x 6.5/100 + 8500 =

    8500 x 13/20 + 8500 =

    110500/20 + 8500 =

    5525 + 8500 =

    14025
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