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Natalie opened a bank account that earns 2.5% simple interest. If her account earned $180 over ten years, how much was Natalie's initial deposit when she opened the account…

Natalie opened a bank account that earns 2.5% simple interest. If her account earned $180 over ten years, how much was Natalie's initial deposit when she opened the account…
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Natalie opened a bank account that earns 2.5% simple interest. If her account earned $180 over ten years, how much was Natalie's initial deposit when she opened the account?

A. $0.45
B. $108
C. $720
D. $7200

User Ritesh Kaushik
by
7.4k points

2 Answers

7 votes
The answer is C, 720
User Musaffa
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8.6k points
3 votes
C. Is the correct answer
User Yalian
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7.9k points
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