Ask your own question, for FREE!
Mathematics 45 Online
OpenStudy (anonymous):

Samantha deposits $5,000.00 in account that earns 5.5% simple interest. About how many years will it take for her account balance to earn $3,000.00 in interest?

OpenStudy (anonymous):

SI = PxTXR/100 3000=5000xTx5.5/100 3/5x100/5.5=T 10 .9 years

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!