asked 149k views
4 votes
(95pts!!!)Clarissa deposits $2000 in an account that pays 2.1% simple interest. She keeps the money in the account for 7 years.

a. How much interest will she receive?

b. What will her account balance be after the 7 years?

asked
User Iam
by
7.4k points

2 Answers

3 votes

Answer:

a. 140

b.2140

Explanation:

$ 20.00 yearly interist

20 * 7 = 140

answered
User Goalie
by
8.1k points
2 votes

Answer:

$2294

Explanation:


(2.1)/(100) * 2000 = 42

a)


42 * 7 = 294

b)


2000 + 294 = 2294

i think this is the answer

answered
User Brian Mulcahy
by
7.4k points

No related questions found

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