Jacques deposited $1900 into an account that earns 4% interest. After t year, jaques has $3875.79in the account. How long was th

Question

Rudiy27

3 years ago

11

Jacques deposited $1900 into an account that earns 4% interest. After t year, jaques has $3875.79in the account. How long was th

e money in the account?

Mathematics

1 answer:

Sladkaya [172] · Answer 1 · 2022-08-24T14:22:50+03:00

Sladkaya [172]3 years ago

5 0

Deposit = $1900
Amount After interest = $3875.79
% interest = 4%
Interest = 1975.79

Time For Interest Period

4/100 × 1900 × t = 1975.79
76 t = 1975.79
=26 years

Answer = 26years