Alex786016 Alex786016

21-12-2018
Mathematics

contestada

Maria deposited some money in to an account, and had an annual simple interest rate of 5%. If she left the money in the account for 9 months and earned $18.75 in interest, how much money did she originally deposit into the account?

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puppyloverls3 puppyloverls3

02-01-2019

Answer:

$18.71

Step-by-step explanation:

18.75 = P x .05 x .75

18.75 = P x .0375

18.75 - .0375 = P

$18.71 = P

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