wolfn17 wolfn17

05-01-2021
Mathematics

contestada

Kristen has $850 to put in a savings account that earns 4% simple interest each year. How much will be in her account after 6 years?

Respuesta :

anyamc05 anyamc05

05-01-2021

Answer:

$1054

Step-by-step explanation:

simple interest = 4% of original amount each time

850/100 = 8.5 = 1%

8.5 x 4 = 34 = 4%

34 x 6 = 204

$850 + $204 = $1054

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