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Yanka [14]
4 years ago
6

You want to put 8,000 in a simple interest account. It has a 2% annual interest rate. How long must you invest that money to ear

n 400 in interest
Mathematics
1 answer:
Paladinen [302]4 years ago
8 0
I = 400 
400=8000*0.02*t 
400/(8000*0.02) =t 
400/160=t
2.5 = t 
2 1/2 years
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