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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…

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…
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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
7.7k points

1 Answer

9 votes

Answer:

5 years

Explanation:

N/A

User Cbrauchli
by
7.7k points
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