Mr. Juarez opened a savings account with an
initial deposit of $560 and will not make any
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Mathematics, 19.09.2021 23:00 zeesharpe05
Mr. Juarez opened a savings account with an
initial deposit of $560 and will not make any
additional deposits or withdrawals. The
account earns 7% simple interest. What is
the amount of simple interest that Mr. Juarez
will have in his account at the end of 1 year?
A) $3,920.00
B) $8,000.00
C) $39.20
D) $392.00
Answers: 1
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