Register
you want to put $8000 in a simple interest account. it has 2% annual interest rate. how long less you have invest that money to earn $400 in interest?
114k views
2 votes
you want to put $8000 in a simple interest account. it has 2% annual interest rate. how long less you have invest that money to earn $400 in interest?

User Vergiliy
by
8.1k points

1 Answer

3 votes

Answer:

3 years

Explanation:

160 per year, 160*2=320, 160*3=480

User Peleyal
by
7.8k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!