Mathematics, 15.01.2021 20:30, jjcooper05

Samantha deposits $5,000.00 in an account that earns 5.5% simple interest. About how many years will it take for her account balance to earn $3,000.00 in interest? Select the best answer from the choices provided.
A. About 2 years
B. About 5 years
C. About 11 years
D. About 20 years

Answers: 3

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Samantha deposits $5,000.00 in an account that earns 5.5% simple interest. About how many years will it take for her account balance to earn $3,000.00 in interest? Select the best answer from the choices provided. A. About 2 years B. About 5 years C. About 11 years D. About 20 years

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Samantha deposits $5,000.00 in an account that earns 5.5% simple interest. About how many years will it take for her account balance to earn $3,000.00 in interest? Select the best answer from the choices provided.
A. About 2 years
B. About 5 years
C. About 11 years
D. About 20 years