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
Answered by
Ms. Sue
I = PRT
21 = 300 * 0.0175 * T
21 = 5.25T
21/5.25 = T
4 = T
21 = 300 * 0.0175 * T
21 = 5.25T
21/5.25 = T
4 = T
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