E Example 3 » Jake opened a savings account that earns 1.5% interest. Jake estimates that, assuming he neither adds to or withdraws from his account, he will earn $240 in interest after 10 years. How much

E Example 3

» Jake opened a savings account that earns 1.5%
interest. Jake estimates that, assuming he
neither adds to or withdraws from his account,
he will earn $240 in interest after 10 years. How
much did Jake deposit when he opened the
account?

2 Answers

E Example 3 » Jake opened a savings account that earns 1.5% interest. Jake estimates that, assuming he neither adds to or withdraws from his account, he will earn $240 in intere…

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