xxxblueberryx259
xxxblueberryx259 xxxblueberryx259
  • 08-11-2020
  • Mathematics
contestada

Mr. Morgan invested $20,000 in an account earning 4.5% annual interest. How many years would it take for him to earn 5400 in a simple interest

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jemcarter jemcarter
  • 08-11-2020
6 years
£20,000 x 0.045 = £900
£5,400 / £900 = 6 years
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