Katy invests $13,000 at 6% simple interest for 38 years. Round your answers to the nearest cent. How much interest is earned over the 38 year period? How much is in the account at the end of the 38 year period?

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Katy invests $13,000 at 6% simple interest for 38
years.
Round your answers to the nearest cent.
.
How much interest is earned over the 38 year
period?
How much is in the account at the end of the 38
year period?
Transcribed Image Text:Katy invests $13,000 at 6% simple interest for 38 years. Round your answers to the nearest cent. . How much interest is earned over the 38 year period? How much is in the account at the end of the 38 year period?
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