Carmen opened a savings account with $ 700 and was paid simple interest at an annual rate of 7%. When Carmen closed the account, she was paid S245 in interest. How long was the account open for, in years?
If necessary, refer to the list of financial formulas.
Iyears
x
5
?

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Ответ:

itsssleaaa

06.05.2020

Mathematics

A. false

B. c = 2.258241758a - 1.923076923

C. $290

Step-by-step explanation:

Part B was solved using a graphing calculator

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Carmen opened a savings account with $ 700 and was paid simple interest at an annual rate of 7%. When Carmen closed the account, she was paid S245 in interest. How long was the account open for, in years? If necessary, refer to the list of financial formulas. Iyears x 5 ?