katieparris097 katieparris097

21-05-2018
Mathematics

contestada

Simon invested $1,550 at 6.5% simple interest. He earned $302.25 in interest after t years. What is the value of t?

Respuesta :

TheBreeze TheBreeze

23-05-2018

Here's the equation:
0.065t(1550) = 302.25
100.75t = 302.25
t = 3
3 years

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ramells ramells

30-12-2018

Answer:

Marco deposited $500 in a savings account earning 4% simple interest over 5 years.

What was the total amount of interest earned at the end of 5 years?

$40

$50

$100

$200

Step-by-step explanation:

Answer Link

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