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You deposit 2,000$ in a savings account earning 5% simple interest. How long will it take for ythe balance of the account to be 3,800$
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6 votes
You deposit 2,000$ in a savings account earning 5% simple interest. How long will it take for ythe balance of the account to be 3,800$

User Bardelman
by
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1 Answer

9 votes

Answer:

1 year and a half or 18 months

Explanation:

User Hurda
by
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