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Dan earns simple interest on his savings account. He deposits $1200 and does not make any additional deposits or withdrawals. He will have $1460 in two years. How much will he h…

Dan earns simple interest on his savings account. He deposits $1200 and does not make any additional deposits or withdrawals. He will have $1460 in two years. How much will he h…
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1 vote
Dan earns simple interest on his savings account. He deposits $1200 and does not make any additional deposits or withdrawals. He will have $1460 in two years. How much will he have in 7 years.

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User Rid Iculous
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7.6k points

1 Answer

4 votes
Dan would have $1620 in 7 years
answered
User Bhelm
by
7.5k points
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