dyeamans dyeamans

15-04-2020
Mathematics

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Penny deposits $800 into a bank account for 5 years. If the account has a 6% yearly simple interest rate, what is the interest?

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123410969 123410969

15-04-2020

Answer:

48 for one year 240 for all five years

Step-by-step explanation:

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shonniestanley shonniestanley

15-04-2020

800*5 is 4,000.00
4,000.00* 6% is 240.00

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