jaybrim39 jaybrim39

22-01-2020
Mathematics

contestada

If Michael invests $ 2000 in the bank at a rate of 5.5% for 6 years how much interest will he make?

Respuesta :

Dumbkidfromconnexus Dumbkidfromconnexus

22-01-2020

Answer:

660

i think i hope this helped

Step-by-step explanation:

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hjsbjebejdnfknfkr hjsbjebejdnfknfkr

22-01-2020

So we first have to find what 5.5% of 2000 is
Soooo
2000 *.55 is 1,100
So 1,100 * 6 is 6,600 so to find how much he will have we add that to 2,000 so
2,000+6,600= 8,600
So Michael will have $8,600

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