Suppose you deposit $600 in a bank account with a simple interest rate of 2.5%. You want to keep your deposit in the bank long

Question

2 years ago

10

Suppose you deposit $600 in a bank account with a simple interest rate of 2.5%. You want to keep your deposit in the bank long

enough to earn at least $120 in interest. How long should you keep your deposit in the bank?
To earn at least $120 interes you should keep your deposit in the bank for blank year(s).

(Round up to the nearest year please)

Mathematics

2 answers:

8090 [49] · Answer 1 · 2022-07-15T04:10:59+03:00

8090 [49]2 years ago

7 0

Answer:

120/2.5%

Step-by-step explanation:

lianna [129] · Answer 2 · 2022-07-15T06:34:18+03:00

lianna [129]2 years ago

4 0

Answer:

im just answering to get points uwu Just ignore this answer

Step-by-step explanation:

Suppose you deposit ​$600 in a bank account with a simple interest rate of 2.5​%. You want to keep your deposit in the bank long

Suppose you deposit $600 in a bank account with a simple interest rate of 2.5%. You want to keep your deposit in the bank long