Nina puts $4,500 into her bank account at 9% simple interest. How long will it take for her to have $8,000 in her bank account? Please round to 2 decimal places.

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asked Aug 7, 2024 93.2k views

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Nina puts $4,500 into her bank account at 9% simple interest. How long will it take for her to have $8,000 in her bank account? Please round to 2 decimal places.

Mathematics
high-school

Faustin Carter asked

by Faustin Carter

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Answer:

It will take approximately 8.89 years for Nina to have $8,000 in her bank account.

Anthony Hayward answered Aug 14, 2024

by Anthony Hayward

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