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3 years ago

10

Read the scenario.

2 answers:

frosja888 [35]3 years ago

5 0

The answer is 5 years because you have to use the simple interest formula which is I=Prt . P equals the balance you started with so 8,000. R equals the rate or interest rate which is 6% or 0.06. T equals the time and i just put in the option 5 years just to guess which one it was and i was right. I=8,000x0.06x5 and that equals 2400 and then you add 8,000 and that gives you 10,400

Anna71 [15]3 years ago

4 0

I think 4 because 6% of 8000 is 480. And 2000 divided by 480 is 4.166.

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