Diego puts 500 in a savings account the day his granddaughter was born. He planes to give it to her all of the money in the account, including the simple interest earned, on her 18th birthday. if the account earns 6.5% simple interest per year, how much money will Diego give his granddaughter.
answers>>>>>>>>
$681
$734
$1,085
$1,385
$1,385
amount = 500 + 500(.065)(18) = 1085
simple interest ?????? who does that?