Question

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?

Answer 1

the 1.9% is that per year?

Answer 2

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

Answer 3

@sammixboo

Answer 4

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

Answer 5

in other words convert 9 months into ___ years

Answer 6

3/4?

Answer 7

Exactly so that will be your time factor.

Answer 8

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

Answer 9

No problem, happens to everyone.

Answer 10

thank you!

Answer 11

i keep getting 22.3...

Answer 12

which is incorrect, what am i doing wrong?

Answer 13

@Evoker