Question

WILL MEDAL
Simon invested $1,550 at 6.5% simple interest. He earned $302.25 in interest after t years. What is the value of t?

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()9

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Answer 1

PLZ HELP

Answer 2

The interest after once year is 1,555 * 0.065.
Now we can set up an equation for the interest after t years:
\[\large 302.25=t(1550\times0.065)\ .....(1)\]
Now you just need to solve equation (1) to find the value of t.

Answer 3

how

Answer 4

You just divide both sides of equation (1) by (1550 * 0.065):
\[\large t=\frac{302.25}{(1550\times0.065)}=you\ can\ calculate\]