Mathematics, 10.12.2020 17:20, melo2424
Jodie invests $12,000 in a savings account that pays 2% simple interest. How many years will it take for the account to grow to $13,200, if he makes no withdrawals or deposits? (Hint, use the formula for simple interest: I=prt but first, determine what I is (double hint, it is not $13,200))
A 13 years
B 7 years
C 12 years
D 5 years
Answers: 2
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Jodie invests $12,000 in a savings account that pays 2% simple interest. How many years will it take...
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