Question

Check my work?

Sophia currently has an account balance of $1,347.11. Her initial deposit on the account was $843 and it earned 2.3% simple interest. How long has Sophia held the account?

16 years

26 years

43 years

69 years

Answer 1

1,347.11 - 843 = 504.11
2.3% of 843 =19.389
504.11/19.389 = 25.999, round it up to 26

Answer 2

u did fine mate

Answer 3

Alright thanks :)

Answer 4

843*0.023*26 = 504.11

843 + 504.11 = 1347.11

Answer 5

Thanks for the check gane

Answer 6

np :)