shanicejordan
30.11.2020 •
Mathematics
A savings bond currently made Jamar $2,112.64 worth of interest in 7 years. If the investment gained 5.5% annual simple interest each year, approximately how much was the bond originally bought for?
A.$1381.81
B.$2673.21
c.$4903.23
D.$5487.36
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Ответ:
D; it was bought for $5,487.36
Step-by-step explanation:
Let the investment amount be $x
We use the formula for simple interest to get the interest
(2112.64-x) = (x * 5.5 * 7)/100
211264-100x = 38.5x
138.5x = 211264
x = 211264/138.5
x = 5,847.36
Ответ:
5565
step-by-step explanation: