Register

Please step by step with formula. Suppose that you deposit $3,850 in an account paying 4.65% simple interest. How long will it take to earn $150 in interest?​

Please step by step with formula. Suppose that you deposit $3,850 in an account paying 4.65% simple interest. How long will it take to earn $150 in interest?​
118k views
5 votes
Please step by step with formula.

Suppose that you deposit $3,850 in an account paying 4.65% simple interest. How long will it take to earn $150 in interest?​

User GenericJam
by
8.5k points

1 Answer

5 votes

Answer:

0.837

Explanation:

3850*4.65%=179.025

150/179.025=0.837

0.837

User Shiroy
by
8.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!