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ridzrana02
08.07.2021 •
Mathematics
Suppose you have $1750 in your savings account at the end of a certain period of time. You invested $1500 at a 3.72% simple annual interest rate. How long, in years, was your money invested?
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Ответ:
4.48 years
Step-by-step explanation:
The formula for simple interest is
A = P(1+r*t), with A being the final amount, P being the initial amount, r being the interest rate, and t being the time. Plugging our values in, we get
1750 = 1500(1+0.0372 * t)
Note that 3.72 was translated into 0.0372 as changing percents to decimals requires dividing by 100
Expanding our equation, we get
1750 = 1500 + 55.8 * t
subtract 1500 from both sides to isolate the t and its coefficient
250 = 55.8 * t
divide both sides by 55.8 to get t
t = 4.48
Ответ:
3 -1 4 1
1 -1 1 -1
2 1 -1 12
Step-by-step explanation: