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Manny invested $1,200 at a simple interest rate of 5% (0.05). How much money would he have after 7 years?

Manny invested $1,200 at a simple interest rate of 5% (0.05). How much money would he have after 7 years?
asked 68.1k views
5 votes
Manny invested $1,200 at a simple interest rate of 5% (0.05). How much money would he have after 7 years?

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User Oraekia
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8.1k points

1 Answer

7 votes
Manny will have $1,620
answered
User Ashutosh Pathak
by
7.9k points
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