Posted by **abby** on Sunday, January 9, 2011 at 6:09pm.

Lyla deposited $250 in an account earning 4% simple interest. At the end on one year, how much was in the account, assuming no more deposits or withdrawals?

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**Ms. Sue**, Sunday, January 9, 2011 at 6:11pm
250 * 1.04 = ?

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**abby**, Sunday, January 9, 2011 at 6:14pm
$260

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**Ms. Sue**, Sunday, January 9, 2011 at 6:15pm
Right.

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**abby**, Sunday, January 9, 2011 at 6:17pm
Thanks Ms. Sue

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**Ms. Sue**, Sunday, January 9, 2011 at 6:18pm
You're welcome.

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