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kumpel [21]
3 years ago
8

You deposit $250 into an account that earns 7.2% simple annual interest. After how many years will it be to have an interest of

$450.
For an account that earns simple annual interest, find the balance of the account. Round your answer to the nearest cent if necessary.

Principal = $525 Rate 6% Time = 9 years
Mathematics
1 answer:
WINSTONCH [101]3 years ago
8 0
Multiply 250 by 0.06 and 9
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iris [78.8K]

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Step-by-step explanation:

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Answer:

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t ≅ 5.09 min

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