Ask Question
11 May, 04:45

How do you get $3,960 as answer for the question, Misty deposits $3,600 in a bank account that pays 2% simple interest. If she doesn't change the principal, what will her balance be in 5 years?

+3
Answers (1)
  1. 11 May, 08:44
    0
    Because 2 percent as a decimal is. 02 so times that by the annual amount 5 years and you'd get 10. Then you times it with your original amount 3600 and get 360. then you add them together 3600 and 360 and get 3960
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How do you get $3,960 as answer for the question, Misty deposits $3,600 in a bank account that pays 2% simple interest. If she doesn't ...” 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