Asked by emma

you invest $4000 in an account that pays simple interest of 6% for 30 years. calculate the amount of money you'll have at the end of the indicated time period.
Answered by Ms. Sue
I = PRT
I = 4,000 * 0.06 * 30

Add the interest to the principal.
Answered by Anonymous
720
Answered by Anonymous
7200
Answered by Jessica
interest= 7200

7200 + 4000 = 11,200

11,200 will be your total
Answered by Amy
Karen deposits $2000 into an account that pays simple interest at a rate 4% per year how much interest will she be paid in the first 5 years?
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