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3 years ago

13

Joe deposits $30,000 for his retirement in an account with a 6% simple interest rate. How long will it take Joe to earn $21,600

in interest?

2 answers:

elixir [45]3 years ago

6 0

1Answer: 12 years

Step-by-step explanation:

stepladder [879]3 years ago

4 0

T=i/pr
t=21,600÷(300,000×0.06)
t=1.2 year

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