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Mathematics 19 Online
OpenStudy (anonymous):

Could someone please help me on this math problem?? Alguien me puede ayudar a resolver este problema porfavor?? Tina wants to save money for school. Tina invests $400 in an account that pays an interest rate of 8% How many years will it take for the account to reach $5,500?

OpenStudy (anonymous):

it was incorrect but thank you for the help(: @AmandaLockhart

OpenStudy (anonymous):

its okay at least you tried (: @AmandaLockhart

OpenStudy (anonymous):

@livias.random

OpenStudy (anonymous):

Try\[FinalAmount=\frac{ PrincipalAmount*Time(years)*Interest }{ 100 }=\] \[Time=\frac{ 100FinalAmount }{ PrincipalAmount*Interest }=\frac{ 100*5500 }{ 400*8 }=172years\]

OpenStudy (anonymous):

Thank you so much!! @Hoslos

OpenStudy (anonymous):

No problem.

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