Q:

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