ztormic
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I will mark as brainliest if i figure out how to, if I get a answer. Sorry for the way my teacher wrote this idk if she was high or something-


Matt has a total of $650.00 in his bank account.

If he earns 15% interest every year,

how long will he have to leave his money in the account

to earn $195.00 in interest? SI= prt

$195= 650 (.15) t

put in #s $195= 97.5 t

Solve for t , by dividing both sides by 97.5 ------ = -------

97.5 97.5

_______= time in years

Respuesta :

altavistard

Answer:

2 years

Step-by-step explanation:

This is simple interest:  i = p*r*t, where p is the principal, r is the annual interest rate as a decimal fraction and t is the number of years.  Here:

i = $195.00 = ($650.00)(0.15)t, or

        $195.00

t = ------------------------  =  2 years

     (0.15)($650.00)

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