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OpenStudy (anonymous):
Mac deposited $918.78 in a savings account that earns 2.1% simple interest. What is Mac's account balance after ten years?
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OpenStudy (anonymous):
(918.78x2.1x10)/100
OpenStudy (apoorvk):
principal amount = p = $918.78 rate of interest per annum = r = 2.1% = 0.021 time period of investment (in years) = t = 10 Simple interest earned on this = p x r x t =?? substitute, solve and enjoy! ;) (and get your answer verified if you need)
OpenStudy (rockinhood):
1.111.72
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