Register

Ms. Sanders put $5,200 in a savings account that pays 4.2% simple interest. Each year she withdraws the interest and treats herself to a visit to a spa. How much can she spend e…

Ms. Sanders put $5,200 in a savings account that pays 4.2% simple interest. Each year she withdraws the interest and treats herself to a visit to a spa. How much can she spend e…
asked 45.2k views
2 votes
Ms. Sanders put $5,200 in a savings account that pays 4.2% simple interest. Each year she withdraws the interest and treats herself to a visit to a spa. How much can she spend each year?

asked
User Mohsen
by
8.1k points

1 Answer

4 votes

Answer:

$218.40

Explanation:

i=prt

i=(5200)(.042)(1)

answered
User Knetsi
by
8.7k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!