A student has a savings account earning 3% simple interest. She must pay $1900 for first-semester tuition by September 1 and $1900 for second-semester tuition by January 1. How much must she earn in the summer (by September 1) to pay the first-semester bill on time and still have the remainder of her summer earnings grow to $1900 between September 1 and January 1? (Round your answer to the nearest cent.)
A student has a savings account earning 3% simple interest. She must pay $1900 for first-semester tuition by September 1 and $1900 for second-semester tuition by January 1. How much must she earn in the summer (by September 1) to pay the first-semester bill on time and still have the remainder of her summer earnings grow to $1900 between September 1 and January 1? (Round your answer to the nearest cent.)
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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A student has a savings account earning 3% simple interest. She must pay $1900 for first-semester tuition by September 1 and $1900 for second-semester tuition by January 1. How much must she earn in the summer (by September 1) to pay the first-semester bill on time and still have the remainder of her summer earnings grow to $1900 between September 1 and January 1? (Round your answer to the nearest cent.)
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