OpenStax, Prealgebra 2e §6.4 Solve Simple Interest Applications · Exercise 26 · Algebra · Algebra word problems

Solve Simple Interest Applications · Exercise 26

Solve the problem using the simple interest formula.

Carleen deposited $\$ \text{16},\text{400} $inabank a cco u n tw i t hin t er es t r a t e$ \text{3}.\text{9}\%. $H o w m u c hin t er es tw a se a r n e d in$ 8$ years?

Its source prints no answer for this problem, so there's nothing to check against.

~5 minWritten answer · compare with the solution

OpenStax, Prealgebra 2e · §6.4 Solve Simple Interest Applications · Exercise 26

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