Find the best solutions to your problems with the help of IDNLearn.com's expert users. Ask your questions and receive detailed and reliable answers from our experienced and knowledgeable community members.

Vanessa deposited money into a bank account that earned 1.25% simple interest each year. After 12 year, she had earned $5.00 in interest on the account. No other money was deposited into or withdrawn from the account.

How much was her initial deposit?


Sagot :

Answer: 800$ is the answer.

multiply to by both sides, remove 1/2.

Have a blessed day.