If the simple interest on 7000$ for 8 years is 3920$, then what is the interest rate?
2 answers:
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Answer:
Amount theta she is putting in Checking account is 2272.80
Step-by-step explanation:
Given:
Amount on check = 2941
Amount that he want in cash = 100
Amount she put in saving account = 20% of remaining after getting cash
Remaining Amount she put in checking account.
To find: Amount in her Checking Account.
Amount left after taking cash = 2941 - 100 = 2841
Amount that she put in saving account = 20% of 2841 = = 568.20
Amount in her checking account = 2941 - 100 - 568.20 = 2272.8
Therefore, Amount theta she is putting in Checking account is 2272.80