Answer:
56.00 for a year is the interest
336.00 is for the 6 years if it is 8% for every year.
1036.00 will be the balance of the account if the interest is 8% per year.
Step-by-step explanation:
multiply 700.00 x 8% = 56.00 a year
multiply 56.00 x 6 = 336.00
then you add 336.00 + 1036.00 = $1036.00
