Mathematics, 14.04.2021 19:40 anna8352

Alvarez has $650 deposited into his bank account. The account earns simple interest of
5.5
%
5.5% per year. No other money is added or withdrawn from the account for a period of four years. What is the total amount of money in the account after four years?

Alvarez has

$650 deposited into his bank account. The account earns simple interest of
5.5
%
5.5

Answers: 3

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Alvarez has $650 deposited into his bank account. The account earns simple interest of
5.5

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Alvarez has $650 deposited into his bank account. The account earns simple interest of 5.5 % 5.5% per year. No other money is added or withdrawn from the account for a period of four years. What is the total amount of money in the account after four years?

Answers

Another question on Mathematics

Alvarez has $650 deposited into his bank account. The account earns simple interest of
5.5
%
5.5% per year. No other money is added or withdrawn from the account for a period of four years. What is the total amount of money in the account after four years?