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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?
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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?

User Eric Sassaman
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2 Answers

0 votes

Answer:

its 10

Explanation:

User Chris F Carroll
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8.4k points
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1200/5000*0.03=8 years
User Pontiacks
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8.1k points
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