Question

Russell deposited $650 in a savings account that earns 3% simple annual interest. If he makes no other deposits or withdraws, what will the balance of Russell's account be after 6 years?

Answer 1

i = p r t

Answer 2

then add p + i

Answer 3

i = $650(3%)(6)

Answer 4

117

Answer 5

is that right

Answer 6

117 is the amount of interest earned; now add that back into the beginning balance

Answer 7

767

Answer 8

that looks right according to the question

Answer 9

thank you