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gladu [14]
3 years ago
6

Salina current has an account balance of $1,047.69. Her initial deposit on the account was $630 and it earned 3.9% simple intere

st. How long has she held the account?
Mathematics
1 answer:
atroni [7]3 years ago
5 0
All you have to do is take $630 and multiply it by 3.9% to get $24.57.  Then take $1,047.69 and subtract the initial amount in the account ($630) to get $417.69 then divide that by the interest per month I assume ($24.57) to get 17.  So I believe that the account has been held for 17 months.  To check simply take $630 multiply it by 3.9% then multiply that by 17.  I hope this helped if not please tell me where I went wrong.
Your Welcome :)
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