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Meredith deposits $1,400 into an account that earns 3% annual simple interest. How many years will it take Meredth to earn $294 in simple interest on the account?
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Nov 3, 2021
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Meredith deposits $1,400 into an account that earns 3% annual simple interest. How many years will it take Meredth to earn $294 in simple interest on the account?
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Answer:
21 years
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Venkata Gogu
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Nov 9, 2021
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Venkata Gogu
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