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DerKrebs [107]
3 years ago
5

Samuel deposited money in an account that pays an annual simple interest rate of 3.5%. at the end of 5 years, samuel earns $2625

.00 in interest. how much money had he deposited in the account?
Mathematics
2 answers:
evablogger [386]3 years ago
4 0
He has deposited 1500 dollars into the account.
bezimeni [28]3 years ago
3 0
P=i/rt
P=2625/0.035*5
P==15,000
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