Question

I'll give a medal: Devante paid a security deposit of five hundred twenty−five dollars when he signed the lease for his apartment. The money was put into an account earning two percent simple annual interest. After renting for 8 years, Devante got his deposit back. What was the payout balance?

four hundred forty−one dollars

five hundred thirty−two dollars

five hundred ninety−five dollars

six hundred nine dollars

Answer 1

@Nightmare11-16 help

Answer 2

I don't get it

Answer 3

@math&ing001 plz help

Answer 4

@Nightmare11-16 plz help

Answer 5

@kelliegirl33 plz help