Asked by Lynette
if $1500 grew to $1575 with 4% simple interest how long was the money in the account?
Answers
Answered by
Ms. Sue
0.04 * 1500 = 60 for one year
Since 15 is 1/4 of 60, the money must have been in the account one and a quarter years.
Since 15 is 1/4 of 60, the money must have been in the account one and a quarter years.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.