3 years ago

Jo deposits $13,000 in a savings account that earns 7.75% interest. How much interest will the account earn after 18 months?

Mathematics

2 answers:

prohojiy [21]3 years ago

7 0

Answer:

I = $1,511.25

Step-by-step explanation:

hope it helps

Zina [86]3 years ago

3 0

I = prt

I = 13,000(0.0775)(1.5)

Note: t = time in years. We know that 18 months is 1.5 years.

I = $1,511.25

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