Mathematics

Donna deposits $275 into her savings account. She leaves the money in her account, untouched, for 6 years. If the account earns 4.5% simple interest each year, how much simple interest will she have earned by the end of the sixth year?

  1. 👍
  2. 👎
  3. 👁
  1. help me now

    1. 👍
    2. 👎
  2. I = Prt
    so plug in your numbers

    1. 👍
    2. 👎
    👤
    oobleck

Respond to this Question

First Name

Your Response

Similar Questions

  1. math

    suppose you deposit $3000 in a savings account that pays interest in a a rate of 4%. if no money is added or withdrawn from the account, how much will be in the account after ten years.

  2. Algebra

    Calvin deposits $400 in a savings account that accrues 5% interest compounded monthly. After c years, Calvin has $658.80. Makayla deposits $300 in a different savings account that accrues 6% interest compounded quarterly. After m

  3. Math

    Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8/1/2  years

  4. math

    Karen opens a savings account with $1500. She deposits $100 every month into the account that has a 0.85% interest rate, compounded annually. If she doesn’t withdraw any money, what will the account balance be in 10 years?

  1. math

    John took all his money out of his savings account. He spent $50 on a radio and 3/5 of what remained on presents. Half of what was left he put back in his checking account, and the remaining $35 he donated to charity. How much

  2. algebra

    Sam opened a savings account that accrues compound interest at a rate of 3% annually. Let P be the initial amount Sam deposited and let t be the number of years the account has been open. Write an equation to find A, the amount of

  3. Precalc growth and decay

    Alison deposits $500 into a new savings account that earns 5 percent interest compounded annually. If Alison makes no additional deposits or withdrawals, how many years will it take for the amount in the account to double? the

  4. PRE-CALC

    If you put $2,000 in a savings account that pays 6% interest compounded continuously, how much money will you have in your account in 4 years? Assume you make no additional deposits or withdrawals

  1. Advanced math

    Eliot opens a savings account with $5,000. He deposits $50 every month into the account that compounds annually and has a 0.95% interest rate. What will his account total be in 5 years? Can someone tell me how to solve this??

  2. Algebra

    Calvin deposits $400 in a savings account that accrues 5% interest compounded monthly. After c years, Calvin has $658.80. Makayla deposits $300 in a different savings account that accrues 6% interest compounded quarterly. After m

  3. math

    John took all his money from his savings account. He spent ​$154 on a radio and 4/7 of what was left on presents for his friends. Of the money​ remaining, John put 6/11 into a checking account and the last remaining ​$300

  4. Math

    Rose has a savings account. Every month she deposits $20 in it. The graph shows the relationship between the months and the balance of Rose’s savings account. Write an inequality to show when Rose will have more than $160 in her

You can view more similar questions or ask a new question.