If the interest earned was $55. 20 on an investment of $230 that has a rate of 3%, how long was the money invested?.

Qammunity

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Jul 3, 2023 67.0k views

16 votes

If the interest earned was $55. 20 on an investment of $230 that has a rate of 3%, how long was the money invested?.

SAT
high-school

Eranga asked

by Eranga

7.6k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 votes

Answer:

8 years

Step-by-step explanation:

Stan Sieler answered Jul 8, 2023

by Stan Sieler

8.4k points

0 Comments

Please log in or register to add a comment.

← Prev Question Next Question →

Related questions

asked May 5, 2020 98.8k views

A) You bought jeans last week for $55. Today you see that the jeans are on sale for $40. What is the percent decrease of the price? b) Your pay increased from $230 to $250 per week. What is the percent

MikeyWard asked May 5, 2020

by MikeyWard

8.5k points

Mathematics
middle-school

1 answer

2 votes

98.8k views

asked Jul 21, 2021 52.2k views

An entrepreneur invests in his dream business of selling golf-carts. The initial investment is $230,064.00. The entrepreneur expects to generate an annual after-tax cash flow of $55,966.00 in running this

Perri asked Jul 21, 2021

by Perri

7.6k points

Business
college

2 answers

2 votes

52.2k views

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

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Related questions

Other Questions