Question

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?

Answer 1

so, she earned $15 per year at 4%
That means that .04x = 15
what is x?

Answer 2

Po*r*T = 60
Po = 60/(0.04*4) =

Answer 3

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?