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Sam opened a money-market account that pays 3% simple interest. He started the account with $7,000 and made no further deposits. When he closed the account, he had earned $420 in interest. How long did
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Jul 13, 2020
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Sam opened a money-market account that pays 3% simple interest. He started the account with $7,000 and made no further deposits. When he closed the account, he had earned $420 in interest. How long did he keep his account open?
Mathematics
middle-school
Anthony Johnston
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Answer:
he kept the account open for 2 years
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Namig Hajiyev
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Jul 15, 2020
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Namig Hajiyev
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Tagyoureit
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Jul 18, 2020
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