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who221b
who221b who221b
  • 09-05-2016
  • Mathematics
Answered

$200 at 6% twice a year. How much money will Rachel have in her account in ten years

Verified Answer :

magiicelf
magiicelf magiicelf
  • 09-05-2016

i think the answer is $440. 5% is $10 1% is $2 = $12 x 2 = $24

$24 x 10 = $240

200+240=440

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melhunt99
melhunt99 melhunt99
  • 09-05-2016

I=prt. Interest=$200x6%x20. I=$12x20. I=$240. $240+$200=$440 :)

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