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OpenStudy (anonymous):
Find the simple interest earned in the account. $300 at 5% annual interest for 7 years?
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OpenStudy (dmezzullo):
1 sec lemme try wut i think it is
OpenStudy (dmezzullo):
Ok so, Do 300 times .05 then get tht answer and do the answer times 7 and tell me wut u get(:
OpenStudy (anonymous):
I got 105.
OpenStudy (dmezzullo):
YAY! There u go!
OpenStudy (anonymous):
Thank you!
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OpenStudy (dmezzullo):
No problem, If u have more of these Tag me
OpenStudy (anonymous):
@dmezzullo You deposit $540.00 in an account that pays 6% interest, compounded annually. How much is in the account 3 years later?
OpenStudy (dmezzullo):
1 sec
OpenStudy (dmezzullo):
i am not totally sure, i am not good with Compound
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