Question

Find the simple interest earned in the account.
$300 at 5% annual interest for 7 years?

Answer 1

1 sec lemme try wut i think it is

Answer 2

Ok so, Do 300 times .05 then get tht answer and do the answer times 7 and tell me wut u get(:

Answer 3

I got 105.

Answer 4

YAY! There u go!

Answer 5

Thank you!

Answer 6

No problem, If u have more of these Tag me

Answer 7

@dmezzullo You deposit $540.00 in an account that pays 6% interest, compounded annually. How much is in the account 3 years later?

Answer 8

1 sec

Answer 9

i am not totally sure, i am not good with Compound