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Jamie wants to earn $500 in interest so she'll have enough to buy for a used car. she puts $2000 into an account that earns 2.5 % interest. how long will she need to leave her money in the account ti earn $500 in interest?
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find the interest she earns in one year, and then divide it by 12 because there are 12 months in one year.
ok so principle x interest x number of years
750 x 0.425 x 1
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