jjau6128 jjau6128

22-06-2022
Mathematics

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Andrew invests money in an account paying a simple interest of 6.5% per year. if he invests $20 and no money will be added or removed from the investment, how much will he have in one year, in dollars and cents?

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masselinneeds masselinneeds

22-06-2022

Answer:

21.30$

Step-by-step explanation:

20 is the starting investment

1.065 is the factor of interest

20*1.065 = the investment after a year, which is

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