You deposit $6,000 in the bank. The account earns 7.5% simple interest. How much will be in the account in 2 years?
1 answer:
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Answer:
Step-by-step explanation:
Distance = speed × time
A car from Alphaville to Betaville is moving at a speed of sixty-two miles per hour. This means that after two and a half hours, the distance that this car would have covered is
62 × 2.5 = 155 miles
Another car from Betaville to Alphaville is moving at a speed of fifty-seven miles per hour. This means that after two and a half hours, the distance that this car would have covered is
57 × 2.5 = 142.5 miles
A and B represents Alphaville and Betaville as well as the first and second cars. The total distance covered by both cars is
155 + 142.5 = 297.5 miles
The distance between both cars after two and a half hours is
725 - 297.5 = 427.5 miles
