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You invest $275.00 in a money-market account that pays simple interest at a rate of 10%. How long must you leave your investment in the money-market account if you expect to earn $27.50 in interest?
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You invest $275.00 in a money-market account that pays simple interest at a rate of 10%. How long must you leave your investment in the money-market account if you expect to earn $27.50 in interest?

User Artfulrobot
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7.7k points

1 Answer

4 votes
i believe its1 month
User Wouter Coebergh
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8.2k points
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