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OpenStudy (bibsum):
Help Please :) ;) Sonya currently has an account balance of $1,533.43. Her initial deposit on the account was $962 and it earned 3.3% simple interest. How long has Sonya held the account?
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OpenStudy (agent0smith):
http://passyworldofmathematics.com/Images/pwmImagesFour/SimpleInterestOne550x420JPG.jpg I = The difference between her account balance, and initial deposit P = initial deposit R = the interest as a decimal T = time, which you're solving for.
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