2 years ago

7.4: How do You Know?

Mathematics

1 answer:

nataly862011 [7]2 years ago

4 0

Answer:

I am not completely sure

Step-by-step explanation:

sorry

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Step-by-step explanation:

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Bonita deposited 1300 into a bank account that earned 5.75% simple interest each year. She earned $299 in interest before closin

worty [1.4K]

Answer:

For 4 years the money was in the account .

Step-by-step explanation:

Formula

$Simple\ interest = \frac{Principle\times Rate\times Time}{100}$

As given

Bonita deposited 1300 into a bank account that earned 5.75% simple interest each year.

She earned $299 in interest before closing the account.

Principle = $1300

Rate = 5.75%

Simple interest = $299

Putting all the values in the formula

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