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You put $939 into an investment at 8% for 6 years. What will the balance be at the end of 6 years?

You put $939 into an investment at 8% for 6 years. What will the balance be at the end of 6 years?
asked 130k views
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You put $939 into an investment at 8% for 6 years. What will the balance be at the end of 6 years?

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User Konsumer
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8.9k points

1 Answer

5 votes

Answer:

At simple interest it will be 939+939×6×0.08=$1389.72.

Explanation:

answered
User JRG
by
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