You deposit $1,500 in an account earning 2.75% simple interest. How long will it take for the balance of the account to be $1,995.

12 years if interest is paid yearly

12 months if interest is paid monthly

Step-by-step explanation:

2.75% of $1500 is $41.25 interest per period

$1995-$1500 = $495 total interest

$495 ÷ $41.25 = 12 periods

Therefore it takes 12 interest periods to reach $1995, so the answer is 12 months or 12 years depending on how often interest is paid.

answer: 370

step-by-step explanation:

remember use pemdas! there are no parentheses or exponents so lets move onto the first part of the equation: multiplication and division. first, lets break the first part of the equation up into something easier using the distributive property. 28 * 12= (20 *12) + (8*12) you know that 20*12 is 240 and 8*12 is 96. add them and you get 336. then, lets solve the last part of the equation (the last part of pemdas is addition and subtraction). 336 plus 34 is 370. hope this !

-6 is the correct option from the above given options