Miguel opened a savings account with s200 and was paid simple interest at an annual rate of 6%. when miguel closed the account, he was paid $60 in interest how long was the account open for, in years? if necessary, refer to the list of financial formulas. years x

5 years

Step-by-step explanation:

if you deposit $200 at a annual rate of 6% to find out how many years first you need to multiply 200 by 6%

200 x 6% = 12

so now we know that we get 12 a year.  if you already know that you got $60 for your interest you next will divide

60 / 12 = 5

So that is going to make your answer 5 years

first one is a: renaming a fraction. second one is c: de-c

step-by-step explanation:

my explanation is that these were the answers on edg : )

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