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Sally currently has an account balance of $991.44 her initial deposit on the account was $540 and it earned 4.4% simple interest how long has Sally held the account? 10 year, 42 year, 23 years, 19 years,
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Sally currently has an account balance of $991.44 her initial deposit on the account was $540 and it earned 4.4% simple interest how long has Sally held the account? 10 year, 42 year, 23 years, 19 years,

User AfamO
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8.5k points

1 Answer

1 vote
ending balance-beginning balance=yearly interest * years

451.44=540*0.044*t

t=19
User Valenok
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7.3k points
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