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Mathematics 9 Online
OpenStudy (kaylaprincess):

Andy deposited $1,567.12 in a savings account that earns 1.9% simple interest. What will Andy's account balance be in nine months? How would i solve this?

OpenStudy (evoker):

the 1.9% is that per year?

OpenStudy (kaylaprincess):

maybe i'm not sure. i just dont know how to put the information in the equation because i=prt, t= the time in year wise, not monthly

OpenStudy (kaylaprincess):

@sammixboo

OpenStudy (evoker):

ah well what is 9 months in terms of a year?

OpenStudy (evoker):

in other words convert 9 months into ___ years

OpenStudy (kaylaprincess):

3/4?

OpenStudy (evoker):

Exactly so that will be your time factor.

OpenStudy (kaylaprincess):

so easy im sorry ! i just couldnt think my bad!

OpenStudy (evoker):

No problem, happens to everyone.

OpenStudy (kaylaprincess):

thank you!

OpenStudy (kaylaprincess):

i keep getting 22.3...

OpenStudy (kaylaprincess):

which is incorrect, what am i doing wrong?

OpenStudy (kaylaprincess):

@Evoker

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