katieparris097
katieparris097 katieparris097
  • 21-05-2018
  • Mathematics
contestada

Simon invested $1,550 at 6.5% simple interest. He earned $302.25 in interest after t years. What is the value of t?

Respuesta :

TheBreeze
TheBreeze TheBreeze
  • 23-05-2018
Here's the equation:
0.065t(1550) = 302.25
100.75t = 302.25
t = 3
3 years
Answer Link
ramells
ramells ramells
  • 30-12-2018

Answer:

Marco deposited $500 in a savings account earning 4% simple interest over 5 years.  

What was the total amount of interest earned at the end of 5 years?

 

$40

 

$50

 

$100

 

$200




Step-by-step explanation:


Answer Link

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