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Please help! Show steps please, thanks!! ;) If Zachary earns $90 simple Interest on $750 at 6% for 2 years, what is his new saving account balance? @Mathmatics
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OH spelled Mathematics wrong
you know some formulas to solve this problem dont you?
yeah but I forgot.... :\
Consider this one:A=P+Prt, where P is the principal amount and r is the rate and t is the time
A=750(1+(.06)(2)) =750(1+.12) =750(1.12) =840
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or just by common sense, if he had 750 in his account and he earned 90 dollars, then he had 750+90=840 dollars in his account
OH ook, Thankss!!!! ;]
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