Question After earning interest, the balance of an account is $420. The new balance is 7/6 of the original balance. How much interest did it earn?

By solving the word problem given, the interest that was earned is calculated as: $60. How to Solve Word Problem? Given the word problem above, to find how much interest earned, we solve as shown below: New balance after earning interest = $420 Let the original balance be represented as x Therefore, we would create the following equation to find the value of x: 7/6 of x = 420 7/6 × x = 420 7/6x = 420 Solve for x by multiplying both sides by 6/7 7/6x × 6/7 = 420 × 6/7 x = (420 × 6)/7 x = 360 The original balance is $320 Interest = New balance – original balance Interest = $420 – $320 Interest = $60 Thus, solving the word problem given, the interest that was earned is calculated as: $60. Learn more about word problem on: https://brainly.com/question/13818690 #SPJ1 Reply

word problemgiven, theinterestthat was earned is calculated as: $60.## How to Solve Word Problem?

word problemabove, to find how muchinterestearned, we solve as shown below:interest= $420equationto find the value of x:Interest= New balance – original balanceInterest= $420 – $320Interest= $60word problemgiven, theinterestthat was earned is calculated as: $60.word problemon: