wkwood2026 wkwood2026
  • 22-01-2021
  • Mathematics
contestada

An account earns simple interest.

$1500 at 4% for 5 years

a. Find the interest earned.



b. Find the balance of the account.

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bexwhite2610
bexwhite2610 bexwhite2610
  • 23-01-2021

Answer:

1500/100 x 4 = 60

60 X 5 = 300

interest earned $ 300

total balance $1800

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