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Timothy deposited $2,140.30 in a savings account that earns 3.5% simple interest. What will Timothy’s account balance be in 9 months?
 one year ago
 one year ago
Timothy deposited $2,140.30 in a savings account that earns 3.5% simple interest. What will Timothy’s account balance be in 9 months?
 one year ago
 one year ago

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kelliegirl33Best ResponseYou've already chosen the best response.1
I = PRT I = (2140.30)(.035)(9/12)9/12 = 3/4 = .75 I = 74.91 (.75) I = 56.18 this is Timothy's interest for 9 months Timothy's balance will be principle + interest = 2140.30 + 56.18 = 2196.48 I hope I did that correctly....you might need to wait for a second opinion :)
 one year ago

HellyBest ResponseYou've already chosen the best response.0
No its perfect thank you=D your awsome
 one year ago

kelliegirl33Best ResponseYou've already chosen the best response.1
your welcome....thats what I am here for :)
 one year ago
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