binluvr
binluvr binluvr
  • 18-03-2021
  • Mathematics
contestada

A savings account starts with $980. If the simple interest rate is 5%, find
the total amount after 9 months.

Respuesta :

WhitePanther
WhitePanther WhitePanther
  • 18-03-2021

Answer:

The total amount after 9 months is $441.

Step-by-step explanation:

5 ÷ 100 = 0.05

0.05 x $980 = $49

$49 x 9 = $441.

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