SOLUTION: Four years ago After opening an account that paid simple interest of 6.75% annually, a depositor withdrew $3,780 in interest earned. How much money was left in this account

Algebra.Com
Question 1194975: Four years ago After opening an account that paid simple interest of 6.75% annually, a depositor withdrew $3,780 in interest earned. How much money was left in this account
Found 3 solutions by ikleyn, josgarithmetic, MathTherapy:
Answer by ikleyn(52915)   (Show Source): You can put this solution on YOUR website!
.
Four years ago After opening an account that paid simple interest of 6.75% annually,
a depositor withdrew $3,780 in interest earned. How much money was left in this account
~~~~~~~~~~~~~~~~~~~~


Four years ago or four years later ?


Use the words according to their meaning.

Revise your post and re-post the revised form to the forum, again.


////////////////

        Added after seeing the post by @josgarithmetic



Hello,  as I tried to explain you softly, wording in your post is gibberish.

But after addition made by @josgarithmetic,  it is just  OVERFLOW  of gibberish.


What is written in the post by @josgarithmetic - - - is  NONSENSE.


            You better cover your eyes with duct tape in order for do not see
                          his writing - - - or ignore it,  for your safety.


///////////////


After my notice, @gosgarithmetic changed his post and re-wrote it,
but it did not make it better.


If you are newcomer at this forum,  you should know that @josgarithmetic's
major contribution to this forum is writing incorrect solutions
practically every day  (that are then a subject of correction by other tutors).


If you are not a newcomer and are with the forum at least several months,
you know this truth even without my explanations . . .


So be very careful with his posts . . . the probability is from  50%  to  90%
that they are wrong.



Answer by josgarithmetic(39630)   (Show Source): You can put this solution on YOUR website!
p, amount invested 4 years ago
, amount of interest earned

, all the interest withdrawn




Balance remaining,

Answer by MathTherapy(10557)   (Show Source): You can put this solution on YOUR website!
Four years ago After opening an account that paid simple interest of 6.75% annually, a depositor withdrew $3,780 in interest earned. How much money was left in this account
Sounds like this should be: Four years ago After after opening an account that paid simple interest of 6.75% annually,
a depositor withdrew $3,780 in interest earned. How much money was left in this account

Invested amount/Principal or
If after 4 years, earned interest of $3,780 was withdrawn. It's quite OBVIOUS what would be left in the account!
Think aboout it!
================================
**BTW: He's WRONG! It's NOT $10,220.
Then again, most times he is. You should think about this, and APPLY sheer common sense to determine the TRUE remaining account balance!
RELATED QUESTIONS

Three years after opening an account that paid simple interest of 6.45% annually , a... (answered by rfer)
Five years after opening an account that paid 8.3% annually, a depositor withdrew $830 in (answered by Fombitz)
Algebra Question:Three years after opening an account that pays simple interest add 3.25% (answered by josgarithmetic)
please help me solve this : Moira inherited $15,000 and invested part of it in a money... (answered by FrankM)
I deposit $500. into an account that pays simple interest at a rate of 6% per year. How... (answered by reviewermath,colliefan)
How much should you invest in a continuously compounded account at an annually interest... (answered by lwsshak3)
Last year, Ivanna had $10,000 to invest. She invested some of it in an account that paid... (answered by josgarithmetic)
Last year, Dan had $10,000 to invest. He invested some of it in an account that paid 5%... (answered by josgarithmetic,greenestamps)
Jane deposits $400 into an account that pays simple interest at a rate of 3% per year.... (answered by ewatrrr)