Question

Summer deposited $5,800 into an account. She made no additional withdrawals or deposits. Summer earned 1.35% annual simple interest on the money in the account.

What was the balance in her account at the end of 3.5 years?

Answer 1

Answer: 6063.9

Step-by-step explanation: I=prt

I = 5800*.013*3.5

I = 263.9

total will be 5,800 + 263.9 = 6063.9