An account earns annual simple interest. Find the balance of the account.
Question 1 $250 at 4% for 2 years
Question 2 $2000 at 9% for 6 months
For both questions....
First....find the interest earned [ I know you can do this.....]
Second....add the interest you calculated back to the original amount
This will give you the balance.....let me know if you get stuck
for Question 1 I got $270
and for Question 2 I got $2090
is that okay?
Excellent !!!!!