Answer:
I believe the answer is 25 years
Step-by-step explanation:
3% of 4000 is 120
3000 divided by 120 is 25
Answer:
25 years
Step-by-step explanation:
So you have $4000, with a rate of 3% interest.
You want to see how long it takes to save up to $7000.
Do,
3% of $4000 is $120.
It takes a year to get a interest.
And you need $3000 dollars.
Now do 3000 ÷ 120.
You get 25.
