maj0osedanie4ll maj0osedanie4ll

Today at 9:57 AM
Mathematics

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Samuel deposited money in an account that pays an annual simple interest rate of 3.5%. at the end of 5 years, samuel earns $2625.00 in interest. how much money had he deposited in the account?

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Javerdabeast Javerdabeast

Today at 10:02 AM

He has deposited 1500 dollars into the account.

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Aliwohaish12 Aliwohaish12

Today at 10:02 AM

P=i/rt
P=2625/0.035*5
P==15,000

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