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If you deposit $860 in a new account that earns 6.5% simple interest. After 6 months, how much interest will you have learned?

If you deposit $860 in a new account that earns 6.5% simple interest. After 6 months, how much interest will you have learned?
asked 205k views
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if you deposit $860 in a new account that earns 6.5% simple interest. After 6 months, how much interest will you have learned?

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User James Roeiter
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1 Answer

3 votes
860*0.0325 = 27 dollars and 95 cents

answered
User Pat R Ellery
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