SOLUTION: Eileen earned 45.00 in annual interest from a savings account with a 3.5% annual interest rate. Assuming she made no deposits or withdrawals during the year, what is the balance in

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: Eileen earned 45.00 in annual interest from a savings account with a 3.5% annual interest rate. Assuming she made no deposits or withdrawals during the year, what is the balance in      Log On


   

Question 560079: Eileen earned 45.00 in annual interest from a savings account with a 3.5% annual interest rate. Assuming she made no deposits or withdrawals during the year, what is the balance in the account?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
(45/0.035)+45=$1,330.71