Question Help
Suppose you deposit $600 in a bank account with a simple interest rate of
2.5%....
Mathematics, 18.01.2021 05:20 sjanem03
Question Help
Suppose you deposit $600 in a bank account with a simple interest rate of
2.5%. You want to keep your deposit in the bank long enough to earn at least
$120 in interest. How long should you keep your deposit in the bank?
To earn at least $120 interest, you should keep your deposit in the bank for
year(s).
(Round up to the nearest year.)
Answers: 3
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