Asked by help me
Diego puts $500 in a savings account the day his granddaughter is born. He plans to give her all of the money in the account, including the simple interest earned, on her 18th birthday. If the account earns 6.5% simple interest per year, how much money will Diego give his granddaughter?
$681
$734
$1,085
$1,385
$681
$734
$1,085
$1,385
Answers
Answered by
Anonymous
0.065*500*18 = 585
500+585 = 1085
500+585 = 1085
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.