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Aden invested $300 at a rate of 3%. How many years would it take to earn $18 in interest? (a) 3 years (b) 9 years (c) 6 years (d) 2 years help <3
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Aden invested $300 at a rate of 3%. How many years would it take to earn $18 in interest?

(a) 3 years
(b) 9 years
(c) 6 years
(d) 2 years

help <3

User Fnu
by
7.0k points

1 Answer

5 votes
Si= PTR/100
18 = (3*300*t)/100
18 = 9t
t = 2

2 years
User Feiyu Zhou
by
6.9k points
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