Question

David invested $1000.00. What would that money grow to in 18 months with an interest rate of 6%?

Answer 1

I am not exactly for sure but I think it is $2,080.

1,000 times 0.6 equals 60. 60 times 18 equals 1,080. $1,000 plus $1,800 equals $2,800.

I really hope this helps you:)