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PLEASE HELP ME!!!! Lillian has $40 in a savings account that earns 15% interest per year. The interest is simple interest that is not compounded. How much will she have in her a…

PLEASE HELP ME!!!! Lillian has $40 in a savings account that earns 15% interest per year. The interest is simple interest that is not compounded. How much will she have in her a…
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5 votes
PLEASE HELP ME!!!!

Lillian has $40 in a savings account that earns 15% interest per year.

The interest is simple interest that is not compounded.

How much will she have in her account after 1 year?

asked
User Himanshu Aggarwal
by
7.7k points

1 Answer

11 votes

Answer:

Explanation:

to find out the interest,

40*15/100=6

she will have 40+6=46

answered
User Ton
by
8.8k points
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