justneededanswers92 justneededanswers92
  • 01-03-2021
  • Mathematics
contestada


Bill put $1000 into a simple interest saving account that earns 6.25% interest. How much will
the account be worth in 5 years?

Respuesta :

aidenmcullen aidenmcullen
  • 01-03-2021

Answer:

1,800

Step-by-step explanation:

divide 1,000 by 6.25 and we get

160 then we multiply 160 by 5 and we

get 800 so Bill's Bill's bank account will be worth

1,800 in 5 years

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