SOLUTION: maria invest 9,000 at 8% simple interest for one year. how much is in the account at the end of the one year period

SOLUTION: maria invest 9,000 at 8% simple interest for one year. how much is in the account at the end of the one year period

Algebra.Com

Question 1008623: maria invest 9,000 at 8% simple interest for one year. how much is in the account at the end of the one year period
Answer by fractalier(6550) (Show Source): You can put this solution on YOUR website!
Simple interest is given by
I = prt
I = ($9000)(.08)(1) = $720
Thus her total in the account would be
$9720
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