If Rita receives $63.90 interest for a deposit earning 6% simple interest for 150 days, what is the amount of her deposit to the nearest dollar (zero decimal place). Use a 360-day year. Enter only the number without $ sign.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.3: Arithmetic Sequences And Series
Problem 5SC
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If Rita receives $63.90 interest for a deposit earning 6% simple interest for 150
days, what is the amount of her deposit to the nearest dollar (zero decimal place).
Use a 360-day year. Enter only the number without $ sign.
$ Blank 1
Blank 1 Add your answer
Transcribed Image Text:If Rita receives $63.90 interest for a deposit earning 6% simple interest for 150 days, what is the amount of her deposit to the nearest dollar (zero decimal place). Use a 360-day year. Enter only the number without $ sign. $ Blank 1 Blank 1 Add your answer
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