99060877
99060877 99060877
  • 12-03-2021
  • Mathematics
contestada

Jo deposits $13,000 in a savings account that earns 7.75% interest. How much interest will the account earn after 18 months?

Respuesta :

gufeliz1965
gufeliz1965 gufeliz1965
  • 12-03-2021

I = prt

I = 13,000(0.0775)(1.5)

Note: t = time in years. We know that 18 months is 1.5 years.

I = $1,511.25

Answer Link
s16994
s16994 s16994
  • 12-03-2021

Answer:

I = $1,511.25

Step-by-step explanation:

hope it helps

Answer Link

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