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Gloria deposited $500 into a bank account that earned 7.5% simple interest each year. She earned $225 in interest before closing the account.

No money was deposited into or withdrawn from the account.

How many years was the money in the account?

Round your answer to the nearest whole year.

User Luuk Skeur
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2 Answers

2 votes

Answer:

6

Explanation:

User Marschro
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3 votes

Answer:

6

Explanation:

7.5 % × 500 = 37.5

37.5 × 6 = 225

User Ezzadeen
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