Question

Ernie deposits $6350 at 6% for 1 year. How much interests will he earn? What is the account balance at the end of the year?

Answer 1

6731 is the answer

You can do it by\[106/100* 6350=\]

Answer 2

how much interests will he earn?

Answer 3

multiply
\[.06\times 6350\] for your answer

Answer 4

so would it be 3.81%

Answer 5

this may sound dumb but I really dont know what u mean, I really don not understand

Answer 6

okay now what do you want to know exactly?

Answer 7

how much interest will he earn?

Answer 8

you mean the amount of money he will earn after the interest?

Answer 9

the amount of interest he earns on $6350 at 6% for a year

Answer 10

so