if maria earned $60 in interest over a 4 year period at a 4% simple annual interest how much did she originally deposit in savings

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WJM asked Jul 10, 2022

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if maria earned $60 in interest over a 4 year period at a 4% simple annual interest how much did she originally deposit in savings

Mathematics
high-school

WJM asked Jul 10, 2022

by WJM

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20 votes

Answer:

C. $375

Explanation:

Raber answered Jul 11, 2022

by Raber

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21 votes

formula for interest=principle×rate×time/100

60=x×4×4/100

60=16x/100

16x=6000

x=375

JBoive answered Jul 16, 2022

by JBoive

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