kaytlineharris kaytlineharris
  • 04-02-2016
  • Mathematics
contestada

if i put 1500 into my savings account and earned 180.00 of interest at 4% simple interest, how long was my money in the bank

Respuesta :

helencforrest
helencforrest helencforrest
  • 04-02-2016
4% of $1500 is 0.04 x 1500
= 60

So each month, $60 interest is saved

180 ÷ 60 is 3, so therefore the money was in the bank for 3 months.
Answer Link

Otras preguntas

round to the place value of the 5 in 562,408
Water is to moisten as spade is to dig. synonym analogy antonym analogy description analogy function analogy
what is 100,000 less than five hundred sixty thousand , three hundred thirteen is
when is the product of two integers less than or equal to both of the two factors
3(2j-k) = 108, for j
What is 21 over 40 in percent
At the start of the war, the colonies had more of a structured government than their opponent
what is 423,090,709,000 in word form?
To establish a settlement in a new place means to what?
Non-intersecting lines that are separated by equal distances at every point can best be described as _____. a. adjacent b. parallel c. skew d. perpendicular