Linda deposited $3500 in an account that pays 5 1/2 % simple interest for 4 years.
a. How much interest will she earn in 4 years?
b. What will be the total value of the account after 4 years?

A) $780; $4280
B) $760; $4260
C) $790; $4290
D) $770; $4270

Question

Linda deposited $3500 in an account that pays 5 1/2 % simple interest for 4 years.
a. How much interest will she earn in 4 years?
b. What will be the total value of the account after 4 years?

A) $780; $4280
B) $760; $4260
C) $790; $4290
D) $770; $4270

Quizplus · Accepted Answer

The Answer of Linda deposited $3500 in an account that pays 5 1/2 % simple interest for 4 years.
a. How much interest will she earn in 4 years?
b. What will be the total value of the account after 4 years?

A) $780; $4280
B) $760; $4260
C) $790; $4290
D) $770; $4270

Linda Deposited $3500 in an Account That Pays 5 1/2