Question

I need some help with finding interest,
Joe earned $300 on an amount deposited into his bank account for 3 years at a 2% annual simple interest rate.
How much did Joe deposit?
I would really appreciate it if you could explain your answer, Thanks.

Answer 1

I SHALL HELP!!!!! LMFAO

Answer 2

FINALLY! I LOVE YOU SO MUCH!

Answer 3

-PRETENDS NOT TO BE FLATTTERED- OFC U DO!!! IM SCAR LOL

Answer 4

Haha, okay. That was weird... :)

Answer 5

ok explain to me what interest is

Answer 6

Interest, isn't that when you haven't paid something on-time and you have to pay extra?

Answer 7

correct now how would u find interest

Answer 8

I am not 100% sure. Can you explain?

Answer 9

me either but i shall help as much as i can. so joe has $300 and 2%. I believe your suppose to divide $300 by 2%

Answer 10

Okay...
I'll try

Answer 11

So 300/.02

Answer 12

If you are supposed to divide by 2%

Answer 13

we're thinking ur suppose to

Answer 14

Yeah I agree

Answer 15

@horsegirl27 wat do u think?

Answer 16

Well on calculator that's what you get. But I'm not sure try multiplying instead

Answer 17

Actually maybe 15000 makes sense

Answer 18

Is this multiple choice?

Answer 19

No.

Answer 20

I think that @horsegirl27 is correct cuz she is trying to find out what joe put in the bank

Answer 21

I think 15000 makes sense because he earned 300 in interest and you have to have a large amount to get lots of interest

Answer 22

Okay, thank you both!

Answer 23

Your welcome! Hope we were right!

Answer 24

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Answer 25

lol np

Answer 26

does anypne wanna give me a medal for ebing incredibly stupid? lmfao