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Lily is going to deposit $700 in the bank for 6 months. What is the amount of interest her account will earn its a 20% simple interest rate?

Lily is going to deposit $700 in the bank for 6 months. What is the amount of interest her account will earn its a 20% simple interest rate?
asked 102k views
14 votes
Lily is going to deposit $700 in the bank for 6 months. What is the amount of interest her account will earn its a 20% simple interest rate?

asked
User Keith Turkowski
by
9.0k points

1 Answer

6 votes
(700x6x20)/100 put this on the calculator to get the answer sorry I don’t have one now
answered
User Miroslav Popovic
by
9.2k points
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