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balandron [24]
3 years ago
15

Jared invests $10,000 in a savings account that pays 3% simple interest. How many years will it take for the account to grow to

$12,700, if he makes no withdraws or deposits?
Mathematics
1 answer:
murzikaleks [220]3 years ago
6 0
The answer:

it would take 9 years for the account to grow to $12,700

the steps:

10,000 x .03 = 300

2,700 divided by 300 is 9
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