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Maria deposits $1,950 into a savings account that earns simple interest at a rate of 3%. She makes no withdrawals. How much interest has Mar
Question
Maria deposits $1,950 into a savings account that earns simple interest at a rate of 3%. She makes no withdrawals. How much interest has Maria’s account earned after 4 years?
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Mathematics
3 years
2021-08-28T13:10:30+00:00
2021-08-28T13:10:30+00:00 1 Answers
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Answer:
x = .06418
Step-by-step explanation:
2 + (9.2)−8x = 2.32
(9.2)−8x = 2.32 − 2
log (9.2)−8x = log .32
−8x log 9.2 = log .32
−8x log 9.2
−8 log 9.2
=
log .32
−8 log 9.2
x = .06418