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(PLEASE ADD STEPS TOO) Hannah deposits $650 in a savings account at 8% simple interest. How long will it be till she earns $156 in interest
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(PLEASE ADD STEPS TOO) Hannah deposits $650 in a savings account at 8% simple interest. How long will it be till she earns $156 in interest

User Msell
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1 Answer

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you multiply $650 by 1.08, you get $702. This means that she gets $52 in interest. You then divide $156 by $52. The answer is 3.

This means that it will take Hannah 3 years to earn $156 in interest
User Riegersn
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