Finn has $600 to put into a savings account that earns 7% per year. How long will Finn need to leave his money in the account in order to earn $168 in interest?

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asked Apr 8, 2024 211k views

5 votes

Finn has $600 to put into a savings account that earns 7% per year. How long will Finn need to leave his money in the account in order to earn $168 in interest?

Mathematics
high-school

JC Carrillo asked

by JC Carrillo

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1 Answer

4 votes

Answer:

4 years

Explanation:

$42 interest every year
168/42 = 4
Let me know if this helps

Piotr Badura answered Apr 12, 2024

by Piotr Badura

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