Jodie invests $12,000 in a savings account that pays 2% simple interest. How many years will it take for the account to grow to $13,200, if he makes no withdrawals or deposits?

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asked Apr 4, 2022 65.1k views

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Jodie invests $12,000 in a savings account that pays 2% simple interest. How many years will it take for the account to grow to $13,200, if he makes no withdrawals or deposits?

Mathematics
high-school

BabyDuck asked

by BabyDuck

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8 votes

Answer:

4 years

Explanation:

Alexyuiop answered Apr 8, 2022

by Alexyuiop

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