document.write( "Question 676204: I am so confused on this question.
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document.write( "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? \n" );
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Algebra.Com's Answer #420215 by jim_thompson5910(35256)![]() ![]() ![]() You can put this solution on YOUR website! I = Prt\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "2625 = x*0.035*5\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "2625 = x*0.175\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "2625/0.175 = x\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "15000 = x\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "x = 15000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "So he deposited $15,000 into the account. \n" ); document.write( " |