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OpenStax, Elementary Algebra 2e §3.2 Solve Percent Applications · Example 9 · Algebra · Algebra word problems

Solve Percent Applications · Example 9

Nathaly deposited $12,500 in her bank account where it will earn 4% interest. How much interest will Nathaly earn in 5 years?
\begin{aligned}I & = &? \\ P & = & 12,500 \\ r & = & 4 \% \\ t & = & 5 \text{years}\end{aligned}$

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OpenStax, Elementary Algebra 2e · §3.2 Solve Percent Applications · Example 9

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