112k views
1 vote
How long would you need to keep $775 in an account that pays 3% simple interest to earn $93 interest?

User SJunejo
by
7.2k points

2 Answers

0 votes
it would take exactly 4 years and 4 days
User Ziky
by
7.8k points
4 votes
The answer is 4 months
User Seva Parfenov
by
7.7k points