Question

TURNS OUT THIS LAST QUESTION IS EXTRA CREDIT AND I NEED IT BECAUSE IM FAILING AND ITS THE TEST AND YES LIKE I SAID IS DUE IN 20 MIN

Simone deposits $200 in an account earning 3.5% simple interest. How long will it take for the balance of the account to be $221?​

Answer 1

Explanation:

$200 = 100%

x = 3.5%

100% ÷ 100 = 1

1 ÷ 2 = 0.5

100 + 2 = 102

200 ÷ 102 = 1.7

For every interest he gets Simone earns 1.7 dollars.

1.7 * 13 = 22.1

it will take 13 (days I'm assuming because there is not give time measurement) to get to $221.

Answer 2

3 years

Explanation:

i hope you dont fail