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2 years ago

14

Sam opened a money-market account that pays 5% simple interest. he started the account with $7,000 and made no further deposits.

when he closed the account, he had earned $1,400 in interest. how long did he keep his account open?

1 answer:

Eddi Din [679]2 years ago

7 0

Assuming he gets 5% annually then the answer is 4 years

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Answer:

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Step-by-step explanation:

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to add these 2 fractions we need to bring them to the same denominator. and that would be 4200 (LCM of 700 and 600).

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2 years ago

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2 years ago

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Given:

Total Distance traveled = 701 miles

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Solution:

Let the number of days Claire traveled be denoted by 'd'.

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$\frac{80d}{80}=\frac{640}{80}\\\\d=8$

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