Question

HELP EASY 30 POINTS!! PLUS BRAINLIEST !!!!!

Answer 1

1500+4.8x=1860

Minus 1500 and divide by 4.8 to get 75 I’m not sure if it’s true so don’t quote me on it

Answer 2

Answer:

Step-by-step explanation:

The formula for simple interest is expressed as

I = PRT/100

Where

I is the interest

P is the principal

R is the rate in percentage

The simple interest is earned only on the principal and not on compounded earnings

From the information given

P = $1500

R = 4.8%

Since she wants a total amount of $1,860 after a number of years, it means the interest on her principal will be 1860 - 1500 = $360

So we would solve for the number of years it will take to earn $360 interest. Therefore

360 = (1500 × 4.8 × t)/100

72t =360

t = 360/72 = 5

It will take 5 years