Maria deposited some money in to an account, and had an annual simple interest rate of 5%. If she left the money in the account for 9 months and earned $18.75 in interest, how much money did she originally

asked Jul 28, 2019 168k views

2 votes

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2 votes

Answer:

$18.71

Explanation:

18.75 = P x .05 x .75

18.75 = P x .0375

18.75 - .0375 = P

$18.71 = P

Barry Pollard answered Aug 3, 2019

5.5k points

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