Patty deposited $650 in a savings account with two percent simple interest. If she keeps it in the account for one year, how much interest will she earn? $15 $18 $12 $13

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asked Jun 2, 2020 218k views

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EthiopionZA · Answer 1 · 2020-06-07T16:42:07+0000

Answer:

$13

Explanation:

Depost of 650.00 into a bank account paying 2% simple interest per year. You left the money in for 1 year. Find the interest earned and the amount earned in 1 year.

The interest is $13, and the amount is 663.00.

Patty deposited $650 in a savings account with two percent simple interest. If she keeps it in the account for one year, how much interest will she earn? $15 $18 $12 $13

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