ASAP Diego deposits $4200 into a savings account that pays 5% simple interest. He decides not to touch the money until it doubles. How many years will Diego have to keep the money in the account?

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Godsent asked Apr 2, 2022

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38 votes

ASAP

Diego deposits $4200 into a savings account that pays 5% simple interest. He decides not to touch the money until it doubles. How many years will Diego have to keep the money in the account?

Mathematics
college

Godsent asked Apr 2, 2022

by Godsent

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25 votes

Answer:

It would take 20 years for it to double

Explanation:

5% of 4200 is 210 so then divide 4200 by 210 to find the number of years it will take for it to double and you get 20

Benilson answered Apr 9, 2022

by Benilson

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