At a simple annual interest rate of 4.5%, how many years will it take Sam to earn $135 interest on an original deposit of $1,000?

asked May 17, 2018 102k views

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2 votes

Answer:

A or 3

Explanation:

I got this answer correct on edge thanks to the person above me :)

DAngelov answered May 19, 2018

6.2k points

1 vote

T=i/pr
T=135/1000*0.045=3years

Maxter answered May 24, 2018

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