Question

ill give you a medal:

Devante paid a security deposit of $525 when he signed the lease for his apartment. The money was put into an account earning 2% 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

@parakeet i tried the method from the other one but i couldn't get it can you help?

Answer 2

i got d, but i'm not sure

Answer 3

525x8x2=8400

Answer 4

divided by 100 = 84

Answer 5

okay

Answer 6

84 + 525 = 609

Answer 7

ohhh i know what i did wrong lol i was multiplying 0.02 for 2%

Answer 8

u could do that too, but then dont divide by 100

Answer 9

ohh okay theres my mistake

Answer 10

thanks sooo much

Answer 11

ur welcome :)

Answer 12

:)