Last question :)

Craig has a bank account with $2,100.00 in it. The money in the account is earning 9.99% interest. How much interest will Craig have earned after 6 years?

A) $104.90
B) $209.79
C)$1,258.74
D) $2,517.48

Question

Last question :)

Craig has a bank account with $2,100.00 in it. The money in the account is earning 9.99% interest. How much interest will Craig have earned after 6 years?

A) $104.90
B) $209.79
C)$1,258.74
D) $2,517.48

kc_kennylau · Answer

Interest = Principle × Rate × Time

Interest = $2100.00 × 9.99% × 6
            = $2100.00 × 0.0999 × 6
            = $1258.74

kc_kennylau · Answer

lolz it's only this formula and always this formula :P

anonymous · Answer

Thank you do much you have helped me so much today  @kc_kennylau

kc_kennylau · Answer

lolz you're welcome :D

anonymous · Answer

:D