Sharon earned $480 in interest in account over 5 years. the rate was 12%. If i=prt

QuatuorM

Member
I have no idea!

You wrote down the formula incorrectly, pay attention in class next time!

Anyway, the answer is $630. Sharon originally had $630 in her bank account.

After 5 years at 12% interest, Sharon (if that is her real name) will have earned $480 in interest.
 
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