The total amount A in an account earning simple interest is given by the equation A = P + Prt, where P is the principal, r is the rate as a decimal, and t is time in years.​

Faith deposited $1500 in an account earning 2% simple interest. Complete the equation Faith can use to find the total amount in her account after t years.

Respuesta :

The total amount in her account after t years will be 1500 + 30t.

What is simple interest?

Simple interest is the concept that is used in many companies such as banking, finance, automobile, and so on.

The total amount A in an account earning simple interest is given by the equation A = P + Prt, where P is the principal, r is the rate as a decimal, and t is time in years.​

Faith deposited $1500 in an account earning 2% simple interest.

The total amount in her account after t years will be

A = 1500 + 1500 × 0.02 × t

A = 1500 + 30 × t

The total amount in her account after t years will be 1500 + 30t.

More about the simple interest link is given below.

https://brainly.com/question/2793278

#SPJ1