Dwayne wants to start a saving account at his local credit union. If he puts $8000 into a savings ac

Discussion in 'Calculator Requests' started by math_celebrity, Sep 15, 2020.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    Dwayne wants to start a saving account at his local credit union. If he puts $8000 into a savings account with an annual interest rate of 1.1%, how much simple interest will he have earned after 6 years?

    Using our simple interest calculator, we get:
    $528 of interest earned.
     

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