math
posted by john .
At a simple annual interest rate of 4.5%, how many years will it take Sam to earn $135 interest on an original deposit of $1,000?
Respond to this Question
Similar Questions

algebra 1
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years? 
Math
Find the interest if $ 9,000 is invested at an annual simple interest rate of 8 % for 3 years. Use the formula I = P × R × T , where I is the interest earnings, P is the principal, R is the annual rate and T is the time, expressed … 
math
Two investments earn a total annual income of $2825. One investment is in a 6.75% annual simple interest certificate of deposit. The other is in a 7.25% tax free annual simple interest account. The total amount invested is 40,000. … 
math
how much would adam have to deposit in a saving account to earn 100 dollars in interest over 4 years at 5% simple annual interest rate. 
math
You want to put $4,000 in a simple interest account. It has a 2.5% annual interest rate. How long will it take you to earn $500 in interest? 
University of North Dakota
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts … 
Essex
An investment club placed $33,000 into two simple interest accounts. On one account, the annual simple interest rate is 6.5%. On the other, the annual simple interest rate is 4.5%. How much should be invested in each account so that … 
Math
An investment of $3,000 is made at an annual simple interest of 5%. How much additional monery must be invested at an annual simple interest rate of 8% so that the total annual interest earned is 7.5 of te original amount that you … 
math
An investment of $3,000 is made at an annual simple interest of 5%. How much additional money must be invested at an annual simple interest rate of 8%, so that the total annual interest earned is 7.5 of the original amount that you … 
math
An investment club placed $36,000 into two simple interest accounts. On one account, the annual simple interest rate is 8.5%. On the other, the annual simple interest rate is 3.5%. How much should be invested in each account so that …