edengrove123 edengrove123

01-05-2021
Mathematics

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Brody deposited $500 into a savings account that earns 2.1% simple interest. What is the total amount in his account after 7 years?

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qiuyuqi29 qiuyuqi29

01-05-2021

Answer:

73.5

Step-by-step explanation:

Part/whole=percent/100

?/500=2.1%/100

500 divided by 100 is 5, so 2.1% times 5 is 10.5, which is the amount of interest made per year.

So, 10.5 times 7 is 73.5

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