Will mark brainliest !!Interest earned: $27Principal: ?Interest rate: 1.5%Time: 2 years
Accepted Solution
A:
Answer:Step-by-step explanation: 1.5% of x + 1.5% of (1.5% of x + x)= 27 ^ ^ | | First year's Second year's interestInterest1.5% = .015 Applying this: 0.015x + 0.015(0.015x + x) = 27 ^ | Adding On To First Year0.015x + 0.015225x = 270.030225x = 27x = $893.300248139