Question

if you put money into a savings account that earns $84.00 over seven years at a rate of 3%, how much money did you put into the account

Answer 1

Answer:

69 its so easy lmao gimme something harder

Step-by-step explanation:

420

Answer 2

Answer: To solve this problem, we can use the formula for simple interest:

Simple Interest = (Principal x Rate x Time)

Where:

Principal = The amount of money put into the account

Rate = The interest rate per year (in decimal form)

Time = The time period (in years)

We are given the following information:

Simple Interest earned = $84.00

Interest rate per year = 3%

Time period = 7 years

Let's substitute these values into the formula and solve for Principal:

$84.00 = Principal x 0.03 x 7

$84.00 = 0.21 x Principal

Principal = $84.00 / 0.21

Principal = $400.00

Therefore, you put $400.00 into the savings account.