+0  
 
0
590
1
avatar

Malory depostied $841.72 in a savings account that earns 1.4% simple interest. What is MAlory's account balance after eleven years?

 Jan 6, 2017
 #1
avatar+502 
0

Simple Interest

I=PRT/100

I=841.72*1.4*11/100

I=129.62488

AFTER 11 YEARS= 841.72+129.62488=971.3488

 Jan 6, 2017
edited by Rauhan  Jan 6, 2017

5 Online Users

avatar
avatar