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Malcolm deposited $567.21 in a savings account that earns 2.6% simple interest. What is Malcolm’s account balance after eight years?

Malcolm deposited $567.21 in a savings account that earns 2.6% simple interest. What is Malcolm’s account balance after eight years?
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4 votes
Malcolm deposited $567.21 in a savings account that earns 2.6% simple interest. What is Malcolm’s account balance after eight years?

asked
User Shanthi Balraj
by
7.8k points

2 Answers

3 votes
685.19 should be it... hope it helps

answered
User Dan Gebhardt
by
7.9k points
4 votes
$685.19 after 8 years

answered
User Kourtney
by
8.4k points
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