Ridley4251 Ridley4251

02-05-2020
Mathematics

contestada

5) Tess deposited $500 in an account that earns 6% annual simple interest. She leaves the money in the account for 4 years. What will be the balance If Tess makes no withdrawals or deposits to the account? *

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gawjussmonster gawjussmonster

02-05-2020

Answer: $620

Step-by-step explanation:

500 + 6

500 • 0.06 = 30

30 • 4 = 120

120 + 500 = 620

$620

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