How long will it take a deposit of $4500 at an annual simple interest rate of 5.75% to earn $1035?

asked Feb 2, 2023 43.9k views

22 votes

How long will it take a deposit

of $4500 at an annual simple
interest rate of 5.75% to earn
$1035?

8.5k points

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5 votes

Answer:

Explanation:

you times 4500 by 0.0575 and then divide 1035 by that number then you get 4

ELTA answered Feb 6, 2023