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3 years ago

9

A man invested $800 at a 5.5% annual interest rate. How long will it take for his

1 answer:

damaskus [11]3 years ago

4 0

Answer:

3 years

Step-by-step explanation:

I assume it's simple interest.

I = Prt

132 = 800 * 0.055 * t

t = 132/(800 * 0.055)

t = 132/44

t = 3

Answer: 3 years

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