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Dmitriy789 [7]
4 years ago
5

You put $3000 in a CD (certificate of deposit) at the promotional rate of 5.6% simple interest. How long will it take to earn $3

36 in interest?
Mathematics
1 answer:
PolarNik [594]4 years ago
6 0
First take 5.6 percent of 3000. Which is 5.6/100×3000= 168.
336 divided by 168 is 2.

The final answer is 2 years
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