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Jacques deposited $1900 into an account that earns 4% interest. After t year, jaques has $3875.79in the account. How long was the money in the account?
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Jacques deposited $1900 into an account that earns 4% interest. After t year, jaques has $3875.79in the account. How long was the money in the account?

User Vitor Alves
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1 Answer

3 votes
Deposit = $1900
Amount After interest = $3875.79
% interest = 4%
Interest = 1975.79

Time For Interest Period

4/100 × 1900 × t = 1975.79
76 t = 1975.79
=26 years

Answer = 26years
User Zulakis
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