SOLUTION: Geoff saved $75 in an account that earns 4.9% simple interest anually. if he does not deposit or withdraw any money for 18 months which statement is not supported by this informat

Algebra ->  Test -> SOLUTION: Geoff saved $75 in an account that earns 4.9% simple interest anually. if he does not deposit or withdraw any money for 18 months which statement is not supported by this informat      Log On


   

Question 1009611: Geoff saved $75 in an account that earns 4.9% simple interest anually. if he does not deposit or withdraw any money for 18 months which statement is not supported by this information?
F. The interest earned will be $18.92
G. The interest earned will be $5.51
H. The total amount will be $80.51
J. The interest earned at this time will be greater than 4.9% of the principal
Answer by addingup(3677) About Me  (Show Source):
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F.
The interest earned will be G.5.51
The total amount will be H. 80.51 (75+5.51= 80.51)
And finally:
J. The annual (1 year=12 months) interest earned in 18 months is (4.9/12)*18= 7.35