An account earns annual simple interest. Find the balance of the account.

$250 at 4% for 1 year = $260
$2000 at 9% for 6 months = $?

$2000 at 9% for 6 months = $2090

To find the balance of the account, we need to calculate the simple interest.

The formula for calculating simple interest is:

Simple Interest = Principal (P) * Rate (R) * Time (T)

Given that the principal (P) is $2000, the rate (R) is 9%, and the time (T) is 6 months, we can plug these values into the formula:

Simple Interest = $2000 * 0.09 * (6/12)

Simplifying the equation:

Simple Interest = $2000 * 0.09 * 0.5

Simple Interest = $90

Now that we have calculated the simple interest, we can find the balance of the account by adding the interest to the principal:

Balance = Principal + Simple Interest

Balance = $2000 + $90

Balance = $2090

Therefore, the balance of the account after 6 months will be $2090.