jalisse12prince
jalisse12prince jalisse12prince
  • 03-03-2018
  • Mathematics
contestada

If I put 1500 into my savings account and earned $180.00 of interest at 4% simple interest, how long was my money in the bank?

Respuesta :

jaclouisces
jaclouisces jaclouisces
  • 03-03-2018
4% of $1500 is 0.04 x 1500
= 60

So basically each month, $60 interest is saved

180 ÷ 60 is 3, so the money was in the bank for 3 months.
Answer Link

Otras preguntas

What is the lateral area of the rectangular prism with a base length of 17 m, a base width of 7 m, and a height of 5 m?
The neolithic revolution is most closely associated with....
The base of right prism is rhombus of diagonal is 6 and 8cm and altitude is 12 cm find total surface area
What is the lateral area of the rectangular prism? Assume the prism is resting on its base. A. 135 in2 B. 270 in2 C. 300 in2 D. 310 in2
(X+12) 2 ÷ x2-144 ×-12. 12×-144
The plans for a shed call for a rectangular floor with a perimeter of 204 ft. The length is two times the width. Find the length and width.
What is the lateral area of the rectangular prism? Assume the prism is resting on its base. A. 135 in2 B. 270 in2 C. 300 in2 D. 310 in2
The Radius of a sphere is 5 feet. find the area of the great circle of this sphere
Find an equivalent ratio for 22/55 and then write the proportion
conversation between Hitler and gandhi