Question

David put $1500 in a savings account that earns 4% simple interest for 6 months. How
much money will he have at the end of the 6 months?

Answer 1

Answer:

$1560

Step-by-step explanation:

1500 + (1500 : 100 × 4)

= 1500 + (15 × 4)

= 1500 + 60

= 1560

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