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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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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?

User Gacha
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8.4k points

1 Answer

5 votes

Answer:

21 years

Explanation:

User Venkata Gogu
by
8.4k points
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