maribelrocio5 maribelrocio5

02-03-2016
Mathematics

Answered

karen deposited $8500 in a college savings account for her grandson. the account earns an annual simple interest rate of 6.5%. how much money will she have at the end of ten years?

Verified Answer :

katt2041304 katt2041304

02-03-2016

8500 x 6.5 x 10 + 8500 =
8500 x 6.5 + 8500 =
8500 x 6.5/100 + 8500 =
8500 x 13/20 + 8500 =
110500/20 + 8500 =
5525 + 8500 =
14025

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