laycees laycees
  • 23-04-2021
  • Mathematics
contestada

Mr. Peterson made a deposit of
$5,500 into an account that
earns 6% annual simple interest.
How much will Mr. Peterson earn
in interest over a 20-year
period?

Respuesta :

evanator818 evanator818
  • 23-04-2021
the answer is 6600, (extra words because it needs to be 20 characters$
Answer Link
fleayt68 fleayt68
  • 20-05-2021

Answer:116,600

Step-by-step explanation:5,500 x 20 = 110,000 + 6% = 116,600

Answer Link

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