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Isaac wants to earn $450 interest so he will have enough to buy a new computer. He puts $1000 into an account and earns 4.5% interest. How many years will he need to leave his m…

Isaac wants to earn $450 interest so he will have enough to buy a new computer. He puts $1000 into an account and earns 4.5% interest. How many years will he need to leave his m…
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21 votes
Isaac wants to earn $450 interest

so he will have enough to buy a
new computer. He puts $1000 into
an account and earns 4.5%
interest. How many years will he
need to leave his money in the
account to earn $450 in interest?

User Blank EDjok
by
8.5k points

1 Answer

3 votes
Isaac would have to leave his money in the account for 10 years to reach 450$ in interest
So the answer is 10 years
User John Maclein
by
7.7k points
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