Asked by ALYSSA


If Maria earned $60 in interest over a 4-year period at a 4% simple annual interest rate, how much did she originally deposit in savings?
Answered by oobleck
so, she earned $15 per year at 4%
That means that .04x = 15
what is x?
Answered by henry2,
Po*r*T = 60
Po = 60/(0.04*4) =
Answered by Angel Jimenez

If Maria earned $60 in interest over a 4-year period at a 4% simple annual interest rate, how much did she originally deposit in savings?
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