Mathematics, 29.01.2021 19:00 luigiguitar8668

Mrs. Jones wants to know how long it will take an investment of $500 to earn $150 in interest if the yearly interest rate is 5.5%, paid at the end of each year. A 5 years
b 5.45 years
c 6 years
d 5.5 years

Answers: 1

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Mrs. Jones wants to know how long it will take an investment of $500 to earn $150 in interest if the yearly interest rate is 5.5%, paid at the end of each year. A 5 years b 5.45 years c 6 years d 5.5 years

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Another question on Mathematics

Mrs. Jones wants to know how long it will take an investment of $500 to earn $150 in interest if the yearly interest rate is 5.5%, paid at the end of each year. A 5 years
b 5.45 years
c 6 years
d 5.5 years