Asked by sierra
cindy earns 6% simple interest each year on her savings account. if she has $850 in her account and leaves the money in there for 5 years. how much interest will the money earn? what is the new balance in cind's account?
Answers
Answered by
Ms. Sue
850 * 0.06 = 51
51 * 5 = 255
850 + 255 = ?
51 * 5 = 255
850 + 255 = ?
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