Answer:
Step-by-step explanation:
Assume that the deposited amount C dollars earn r% simple interest annually.
If after t years the deposited amount C dollars grows to D dollars, then we are asked to write a relation using the given terms to calculate t.
Now, using the formula of simple interest we can write
⇒
So, this is the expression for t. (Answer)
t= 100/r [d/c-1]
D
C. $57,000
Test on Edge
1. Perpendicular
2. y=5x+7
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