bissell bissell

08-03-2016
Mathematics

Answered

An account earns annual simple interest. Find the balance of the account.

$250 at 4% for 1 year

Verified Answer :

Fromtheotherside Fromtheotherside

08-03-2016

4/100= 0.04
0.04 x 250 = 10 (This is the interest earned in the year)
250+10 = 260

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