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Katyanochek1 [597]
3 years ago
13

If you deposit or put in $1550 into a savings account earning 7.2% simple interest for 2 years, how much money total will you ha

ve in your account? Show the equation you use and solve.
Mathematics
1 answer:
GREYUIT [131]3 years ago
6 0

Answer:

22320

Step-by-step explanation:

simple interest= p (deposit) × r (rate) × t (time)

=1550×7.2×2

=22320

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The equation appears to be made already.

Using the Order of Operations, consider what operations are being done to the variable "c". They are
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To find the value of "c", we "undo" these operations in reverse order. To undo the addition of a number, we add the opposite of the number. So, we will first
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This gives
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Now, the next operation that we need to undo is the division by 4. We can undo that by multiplying the equation by 4. So, we will next
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