Ask
your own question, for FREE!
Mathematics
7 Online
The interest earned on money invested in a savings account is jointly proportional to the amount initially invested and the length of time of the investment. If $250 is invested for 2 years, it earns $25 in interest. Let I be the interest earned (in dollars), let P be the dollar amount initially invested, and let t be the length of time of the investment. How much interest would be earned if $200 was invested for 3 years?
Still Need Help?
Join the QuestionCove community and study together with friends!
"The interest earned on money invested in a savings account is jointly proportional to the amount initially invested and the length of time of the investment. " That sentence, using the variables required, translates to: I = Ptc where c is some constant we need to figure out. How do we figure out c?
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!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
VERNEISH:
Two objects are moving along separate linear paths where each path is described by position, d, and time, t.
Maci:
what are the best stock apps for people who want to start investing?
Twaylor:
genuienly how do i get better self control i keep watcing youtube and theres this
IzzyCookie:
|dw:1792074056138:dw| Uhm, I don't know where to ask this, but I'm in college welding at my community college, and I need help learning vertical welding for
thehearken:
not sure if this is considered spam, im sorry if it is, but does anyone have tips
21 hours ago
1 Reply
0 Medals
5 days ago
3 Replies
2 Medals
1 week ago
3 Replies
0 Medals
3 days ago
9 Replies
1 Medal
1 week ago
2 Replies
1 Medal