Inez opens a savings account with $2,400. The account pays her 2.4% annual simple interest.

Answer: $2,500

Step-by-step explanation:

Marlon's parents set aside an amount of money when he was born. They earned 6.25% simple interest on that money each year. When Marlon was 18, the account had earned $2,812.50 in interest. How much money did Marlon's parents set aside when he was born?

25.00 dollars back