anonymous
  • anonymous
Find the simple interest earned in the account. $300 at 5% annual interest for 7 years?
Mathematics
chestercat
  • chestercat
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dmezzullo
  • dmezzullo
1 sec lemme try wut i think it is
dmezzullo
  • dmezzullo
Ok so, Do 300 times .05 then get tht answer and do the answer times 7 and tell me wut u get(:
anonymous
  • anonymous
I got 105.

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dmezzullo
  • dmezzullo
YAY! There u go!
anonymous
  • anonymous
Thank you!
dmezzullo
  • dmezzullo
No problem, If u have more of these Tag me
anonymous
  • anonymous
@dmezzullo You deposit $540.00 in an account that pays 6% interest, compounded annually. How much is in the account 3 years later?
dmezzullo
  • dmezzullo
1 sec
dmezzullo
  • dmezzullo
i am not totally sure, i am not good with Compound

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