asked 214k views
3 votes
PLEASE HELP

Owen’s grandmother put some money into his savings account on the day he was born. Today, Owen turns 18 years old, and he’s discovered that he has earned $225 in simple interest on his grandmother’s money. If the yearly interest rate was 5%, how much money did his grandmother deposit at the time of his birth?

A. 150
B. 250
C. 400
D. 425

2 Answers

4 votes
C-400 is the answer !!
answered
User Kiwo Tew
by
7.9k points
7 votes

Answer:

its B 250

Explanation:

Did the lesson

answered
User Mikiko
by
8.8k points
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