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2) Jim invested $4,000 in a bond at a yearly rate of 4.5%. He earned $540 in interest. How long was the money invested?

2) Jim invested $4,000 in a bond at a yearly rate of 4.5%. He earned $540 in interest. How long was the money invested?
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2 votes
2) Jim invested $4,000 in a bond at a yearly rate of 4.5%. He earned $540 in interest.

How long was the money invested?

User Daemontus
by
8.5k points

1 Answer

0 votes
The money was invested for 3 years
User Cemen
by
8.6k points
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