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amm1812
3 years ago
14

This high school stadium contains a track that surrounds a soccer field. The soccer field is 100 yards long and 70 yards

Mathematics
1 answer:
andrew-mc [135]3 years ago
8 0

Answer:

7

Step-by-step explanation:

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Answer:

The money was left untouched for 2 years and 6 months or just 2.5 years

Step-by-step explanation:

In this question, we are asked to calculate the time taken for an amount deposited to earn a certain amount of interest.

Mathematically, simple interest can be calculated using the formula;

I = PRT/100

where I is the interest accrued which is 3696.88 - 3,500 = 196.88

P is the principal which is the amount deposited = 3,500 according to the question

R is the rate which is 2.25% according to the question

T is the time which we are to find

we can rearrange the formula making T the subject and we obtain the following;

T = 100I/PR

substituting the values listed above we have;

T = (100 * 196.88)/(3500 * 2.25)

T = 19688/7875

T = 2.5 years or 2 years 6 months

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q = 16

Step-by-step explanation:

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