zetaw4
contestada

9340.00 is invested into an account that earns 8 1/2% simple interest for 15 years. What is the interest earned and what is the total in the account?

Respuesta :

9340.00dollars will be 1,200,190 dollars after 15 years over a respected 8.5% interest.

P(product)(1+r(rate)t(time)= gain

9340(1+8.5×15)