224k views
5 votes
Gloria deposited $500 into a bank account that earned 7.5% simple interest each year. She earned $225 in interest before closing the account. If no money was deposited into or withdrawn from the account, for how many years was the money in the account? Round your answer to the nearest whole year. Enter your answer in the box.

User Albattran
by
7.9k points

2 Answers

4 votes

Answer:

600

Explanation:

User BlueConga
by
7.6k points
2 votes
Gloria deposited $500 for six years.
Hope that helps
User Sghael
by
9.0k points