brandonabell90 brandonabell90
  • 14-02-2018
  • Mathematics
contestada

How long would you need to keep $775 in an account that pays 3% simple interest to earn $93 interest?

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jdoe0001 jdoe0001
  • 14-02-2018
[tex]\bf ~~~~~~ \textit{Simple Interest Earned}\\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\to &\$93\\ P=\textit{original amount deposited}\to& \$775\\ r=rate\to 3\%\to \frac{3}{100}\to &0.03\\ t=years \end{cases} \\\\\\ 93=775\cdot 0.03\cdot t\implies \cfrac{93}{775\cdot 0.03}=t[/tex]
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xg3arsgam3rx
xg3arsgam3rx xg3arsgam3rx
  • 04-01-2021

Answer:

I Just Want The Points Soz

Step-by-step explanation:

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