Sam put $500 into a savings account with a simple interest rate of 6%. He earned $120 of interest. How long was his money in the bank? .Write your response!

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asked Oct 23, 2022 131k views

2 votes

Sam put $500 into a savings

account with a simple interest
rate of 6%. He earned $120 of
interest. How long was his
money in the bank?
.Write your response!

Mathematics
high-school

Kazuaki asked

by Kazuaki

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2 Answers

3 votes

Answer: 6 years

Explanation:

Mutt answered Oct 25, 2022

by Mutt

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7 votes

The money was in the bank 4 years

Metatheoretic answered Oct 30, 2022

by Metatheoretic

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