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How long does it take an account with a principal of $400 to earn $48 in interest at a simple annual interest rate of 2%?
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7 votes
How long does it take an account with a principal of $400 to earn $48 in interest at a simple annual interest rate of 2%?

User Mulllhausen
by
7.1k points

2 Answers

8 votes

Answer:

Dude i don´t eeven know

Explanation:

ty for da points tho

User Msln
by
7.0k points
2 votes

Answer:

6 years

Explanation:

$8 per year 48÷8=6 years

User Tanzania
by
7.0k points
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