Question

Simon invested $1550 at 6.5% interest. He earned $302.25 interest at the end of t years.



What is the value of t?









A.
1







B.
3







C.
6







D.
9

Answer 1

@eric_d

Answer 2

@iGreen

Answer 3

\(302.25 = (1550)(0.065)t\)

Solve that

Answer 4

First multiply 1550 * 0.065

Answer 5

100.75

Answer 6

@iGreen