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4 years ago

10

You put $10,000 in a simple interest account at a bank. You will earn $1,800 in just 4 years. What is the annual interest rate f

or the account?

2 answers:

liq [111]4 years ago

7 0

$450 is the annual interest rate for the account

Alik [6]4 years ago

6 0

If you divide 1,800 by 4, you get 450.

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Answer:

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Answer:

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Step-by-step explanation:

<u>System of Equations</u>

Let's call:

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y = number of dimes in the student's pocket

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The system of linear equations that represents this scenario is:

$\left\{\begin{matrix}x+y=10\\ 0.05x+0.10y=0.85\end{matrix}\right.$

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