Question

Find the balance in Myra's account after 1 year if her bank paid 5.75% simple interest on her deposit of $6,000.

a. $6,517 .50
b. $517.50
c. $6,345

Answer 1

I believe it’s C I’m not sure tho but I found out 10% which is 600 and then 1% is 60 so I did 60x5 and got 300 so then just guessed that it was C