Ayana has $600 in a savings account that earns 5 % annually. The interest is not compounded. How much will she have in total in 1 year? Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years. $_____

Calculate Interest: Calculate the interest earned in one year using the formula i = prt. Here, p = $600, r = 0.05 (5% as a decimal), and t = 1 year. i = 600 * 0.05 * 1 = $30 Add to Principal: Add the interest earned to the original principal to find the total amount in the account after one year. Total amount = $600 + $30 = $630

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Ayana has $\$600$ in a savings account that earns $5\%$ annually. The interest is not compounded. How much will she have in total in $1$ year? $\newline$ Use the formula $i = prt$ , where $i$ is the interest earned, $p$ is the principal (starting amount), $r$ is the interest rate expressed as a decimal, and $t$ is the time in years. $\newline$ $\$$ $\_\_\_\_$

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Q. Ayana has

\$600

in a savings account that earns

5\%

annually. The interest is not compounded. How much will she have in total in

1

year?

\newline

Use the formula

i = prt

, where

i

is the interest earned,

p

is the principal (starting amount),

r

is the interest rate expressed as a decimal, and

t

is the time in years.

\newline

\$

\_\_\_\_

Calculate Interest: Calculate the interest earned in one year using the formula $i = prt$ . Here, $p = \$600$ , $r = 0.05$ ( $5$ \% as a decimal), and $t = 1$ year. $\newline$ $i = 600 \times 0.05 \times 1 = \$30$
Add to Principal: Add the interest earned to the original principal to find the total amount in the account after one year. $\newline$ Total amount = $\$600$ + $\$30$ = $\$630$