Question

If I open an account with $1,500 that pays 2.5% annual interest, how many years would the money need to stay in the account to earn $187.50 of interest? (answer should be a number with an appropriate label and no spaces) *

Answer 1

@snowflake0531

Answer 2

37.5x+1500=187.4
Can you solve for x?

Answer 3

subtract 37.5 from both sides

Answer 4

Shooottt
I meant
37.5x=187.5

Answer 5

And no, they are multiplied together.
The opposite of multiplication is...

Answer 6

\(\color{#0cbb34}{\text{Originally Posted by}}\) @snowflake0531
Shooottt
I meant
37.5x=187.5
\(\color{#0cbb34}{\text{End of Quote}}\)
so divide

Answer 7

Okay
So what is 187.5/37.5

Answer 8

\(\color{#0cbb34}{\text{Originally Posted by}}\) @snowflake0531
Okay
So what is 187.5/37.5
\(\color{#0cbb34}{\text{End of Quote}}\)
5

Answer 9

Then there's your answer~
5 years