Ask a New Question
Search
Asked by
Anonymous
Ann has $300 in a savings account that earns 1.75% simple annual interest. in how many years will she have$21 in Interest?
Answers
Answers
Answered by
Ms. Sue
I = PRT
21 = 300 * 0.0175 * T
21 = 5.25T
21/5.25 = T
4 = T
Related Questions
Related
The balance oif a savings account can be modeled by the function b(t)=5000(1.024)^t, where t is the...
John has $80 in a savings account that earns 55% annually. The interest is not compounded. How much...
Ken has $950 in a savings account at the beginning of the summer. He wants to have at least $600 in...