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If a couple invests $5000 in an account that earns a 3% interest rate, how long will they need to invest it to earn $1200 in interest?

2 Answers

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Answer:

its 10

Explanation:

User Chris F Carroll
by
8.4k points
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1200/5000*0.03=8 years
User Pontiacks
by
7.7k points
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