Tom deposits
$800
into an account that pays simple interest at a rate of
6%
per year. How much interest will he be paid in the first
2
years?
2 answers
I = P*r*t = 800*0.06*2 =
22.90
$800
into an account that pays simple interest at a rate of
6%
per year. How much interest will he be paid in the first
2
years?
2 answers
1 answer
1 answer
1 answer
9 answers