bxbygrace11 bxbygrace11

11-03-2021
Mathematics

contestada

If you deposit or put in $1550 into a savings account earning 7.2% simple interest for 2 years, how much money total will you have in your account? Show the equation you use and solve.

Respuesta :

Crystalss77 Crystalss77

11-03-2021

Answer:

22320

Step-by-step explanation:

simple interest= p (deposit) × r (rate) × t (time)

=1550×7.2×2

=22320

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