Ben makes a deposit of $1,200 into a savings account. the bank calculates simple interest annually at a rate of 6%. interest is added every year on the anniversary of the initial deposit. how many years must ben wait before his investment exceeds $1,500? give your answer in years.

Ben must wait more than 4.2 years

Step-by-step explanation:

step 1

we know that

The simple interest formula is equal to

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest  

t is Number of Time Periods

in this problem we have

substitute the values

Solve for t

Divide by 1,200 both sides

Subtract 1 both sides

Divide by 0.06 both sides

therefore

Ben must wait more than 4.2 years

43

step-by-step explanation:

step-by-step explanation:

it will be a cylinder. with a diameter of 8 and 4 single pieces high