Pauline invested $6,700 at a simple interest rate of 2%. If the maturity value of the investment was $7,169, how long did Pauline leave her money in the investment?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Tags
Categories
Ask a Question

Sour asked Feb 24, 2023

35,060 views

24 votes

Pauline invested $6,700 at a simple interest rate of 2%. If the maturity value of the investment was $7,169, how long did Pauline leave her money in the investment?

Mathematics
college

Sour asked Feb 24, 2023

by Sour

2.9k points

0 Comments

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Your answer

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

1 Answer

13 votes

Answer:

1 year , 9 months or 21 months

Explanation:

that is the solution above

Pauline invested $6,700 at a simple interest rate of 2%. If the maturity value of-example-1

Ricket answered Feb 28, 2023

by Ricket

3.2k points

0 Comments

Your comment on this answer:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

0 Comments

Your comment on this question:

Your answer

1 Answer

0 Comments

Your comment on this answer:

Other Questions