Register
Jane opened a savings account with 700 and was paid simple interest at an annual rate of 2% . When Jane closed the account, she was paid 70 in interest. How long was the account open for, in years?
34.8k views
16 votes
Jane opened a savings account with 700 and was paid simple interest at an annual rate of 2% . When Jane closed the account, she was paid 70 in interest. How long was the account open for, in years?

User Bobbi Bennett
by
6.2k points

1 Answer

9 votes

Answer:

5 years

Explanation:

N/A

User Cbrauchli
by
5.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.2m questions

9.5m answers

Other Questions

How do you estimate of 4 5/8 X 1/3
Please solve the following equation. x-6x=56
whats the most accurate estimation of 65+77
Find the additive inverse of 18/23
What is 25% of 500.00
Link Copied!