Ask Question
14 November, 05:44

Toby deposited $2,103.24 in a savings account that earns 5.1% simple interest. What will Toby's account balance be in 10 months?

+1
Answers (1)
  1. 14 November, 06:27
    0
    Interest in a month

    2103.24 * (5.1/100) / 12

    8.938

    interest in 10 months

    8.938 * 10

    89.388

    Final account balance

    2103.24 + 89.388

    2192.628
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Toby deposited $2,103.24 in a savings account that earns 5.1% simple interest. What will Toby's account balance be in 10 months? ...” 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