21lwhiti
21lwhiti 21lwhiti
  • 01-02-2017
  • Business
contestada

you want to put $2,500 in a simple interest account. It has a 4% annual interest rate. How long will it take you to earn $200 in interest?

Respuesta :

ddd21
ddd21 ddd21
  • 11-02-2017
It will take 2 years because eaxh year you get 4% of the $2500 which means $100 a year
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