document.write( "Question 1024468: Jonah has $50,000 in a savings account that earns 10.6% annually. The interest is not compounded. How much will he have in 6 months? \n" ); document.write( "
Algebra.Com's Answer #641861 by FrankM(1040)![]() ![]() You can put this solution on YOUR website! 10.6% annually is 10.6/2 = 5.3% every 6 months.\r \n" ); document.write( "\n" ); document.write( "50,000 * .053 = 2650 interest\r \n" ); document.write( "\n" ); document.write( "$52650 total \n" ); document.write( " |