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Lady_Fox [76]
3 years ago
13

4. An account was opened with $3000 earning 5%

Mathematics
1 answer:
Natalka [10]3 years ago
6 0
P= $3000
R=5%
Amount=$3300

SI = A-P
= 3300-3000=300.
Therefore SI is $300.


SI = PRT/100

300 = 3000x5xT/100
300= 150T
T = 300/150
T = 2


Therefore . The account has been earning for 2 years
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