Homework Help: math

Posted by Bob on Sunday, January 20, 2013 at 4:01pm.

suppose you invest $500 in a savings account that pays 3.5% at an annual interest. When will the account contain $650?

math - Ms. Sue, Sunday, January 20, 2013 at 4:33pm
I = PRT

150 = 500 * 0.035 * t

150 = 17.5t

150/17.5 = t

8.57 years = t

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