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OpenStudy (anonymous):
Katie invested $1200 at 8.5% interest. She earned $612 interest at the end of y years. What is the value of y? A. 18 B. 12 C. 6 D. 3
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OpenStudy (anonymous):
the amount that katie will gain at the end of a year is 1200×8.5/100 which is 102 then 102 x no.of years = 612 no.of years = 612/102 = ?????
OpenStudy (anonymous):
6 years?
OpenStudy (anonymous):
correct!
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