Marsha deposited $8,500 into a savings account 4 years ago. The simple interest rate is 2%. How much money did Marsha earn in interest? Substitute the values into the equation. Interest = $ • • years

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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Marsha deposited $8,500 into a savings account 4 years ago. The simple interest rate is 2%. How
much money did Marsha earn in interest?
Substitute the values into the equation.
Interest = $• : years
Enter your answer in the edit fields and then click Check Answer.
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Transcribed Image Text:3.6.PS-7 Question Help Marsha deposited $8,500 into a savings account 4 years ago. The simple interest rate is 2%. How much money did Marsha earn in interest? Substitute the values into the equation. Interest = $• : years Enter your answer in the edit fields and then click Check Answer. 1 part Clear All Check Answer Review progress Question 1 of 9 Go + Back Next >
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