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Silvia opens a $500 simple interest checking account with a rate of 8%.After 6 months what is the interest rate on her account?

Silvia opens a $500 simple interest checking account with a rate of 8%.After 6 months what is the interest rate on her account?
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1 vote
Silvia opens a $500 simple interest checking account with a rate of 8%.After 6 months what is the interest rate on her account?

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User Leetibbett
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1 Answer

4 votes
240$ I think just multiply 500 by .08 which is 40$ and then multiply that by 6
answered
User Kendel
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