Wanda placed $100 in a savings account that pays 2% simple interest per year. after 6 months wanda made another deposit of $100. how much money will be in her account at the end of one year

Step-by-step explanation:

we know that

The simple interest formula is equal to

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest  

t is Number of Time Periods

in this problem we have

After 6 months

substitute in the formula above

At the end of one year

substitute in the formula above