Seudónimo Seudónimo

24-12-2016
Mathematics

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Camelo puts $2200.00 into savings bonds that pay a simple interest rate of 3.4%. How much money will the bonds be worth at the end of 5.5 years?

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the1ghzpc the1ghzpc

25-12-2016

$11374 is the answer.

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25-12-2016

I= $2200(.034)(5.5)
I=$411.40
$2200.00+ $411.40= $2611.40

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