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Jerry currently has an account of $1,109.80. His initial deposit on the account was $775 and it earned 2.7% simple interest. How long has Jerry held the account
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Jerry currently has an account of $1,109.80. His initial deposit on the account was $775 and it earned 2.7% simple interest. How long has Jerry held the account

User Lothar Mueller
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1 Answer

3 votes
I=prt
1109.80=(775)(0.027)(t)
t=53 years
User GMachado
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