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Mathematics 17 Online
OpenStudy (anonymous):

How long will it take to earn $252 in interest if $1200 is invested at a 7% annual interest rate? a. 84 years c. 30 years b. 3 years d. 2.5 years

OpenStudy (ivettef365):

252 = 1200(.07)t solve for t

OpenStudy (anonymous):

84?

OpenStudy (ivettef365):

no, 252 = 84t now divide 252/84

OpenStudy (anonymous):

ohhhh i had got three from the very beginin but i got confused lol i got it rite tho

OpenStudy (ivettef365):

correct the answer is 3 years

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