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Aqua earns $450 in interest by putting $500 in the bank with a 15% interest rate. How long did she invest her money? Show the formula you used to solve this.

Aqua earns $450 in interest by putting $500 in the bank with a 15% interest rate. How long did she invest her money? Show the formula you used to solve this.
asked 33.3k views
3 votes
Aqua earns $450 in interest by putting $500 in

the bank with a 15% interest rate. How long did she
invest her money? Show the formula you used to
solve this.

asked
User Happygoat
by
8.3k points

1 Answer

3 votes
A bank interest rate is 15%,right?
Is that annually or monthly? Or how many ? The answer will change due to the time that a bank giving interest.
answered
User Zennichimaro
by
7.9k points
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