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Mathematics, 27.04.2021 14:00 chloeethoma24

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3.6 AP-3
Suppose you deposit $600 in a bank account with a simple interest rate of 25%. 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 5120 interest, you should keep your deposit in the bank for year(s).
Round up to the nearest year)

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