If i put $1 500 into my savings account and earned $240 of interest at a 4% rate how long was my money in the bank

4 years

Step-by-step explanation:

Given data

Principal = $1500

Simple interest = $240

rate= %4

Required

The time taken to earn $240

We know that

Simple interest= PRT/100

substitute

240= 1500*4*T/100

cross multiply we have

1500*4*T= 240*100

6000T= 24000

divide both sides by 6000

T= 24000/6000

T= 4 years

step-by-step explanation:

what are the statements? and what do you mean by "216 2 1 6"?

isaiah walks 3 miles due north, turns and then 5 miles due east. how far is he from his starting point?

a^2 + b^2 = c^2

let c = distance from starting point.

(3)^2 + (5)^2 = c^2

9 + 25 = c^2

34 = c^2

sqrt{34} = sqrt{c^2}

sqrt{34} = c