Miguel opened a savings account with s200 and was paid simple interest at an annual rate of 6%. when miguel closed the account, he was paid $60 in interest how long was the account open for, in years? if necessary, refer to the list of financial formulas. years x

5 years

Step-by-step explanation:

if you deposit $200 at a annual rate of 6% to find out how many years first you need to multiply 200 by 6%

200 x 6% = 12

so now we know that we get 12 a year.  if you already know that you got $60 for your interest you next will divide

60 / 12 = 5

So that is going to make your answer 5 years

answer: no

step-by-step explanation:

you are only given the cost not the amount of pounds.

answer: your correct answer is b. d.

step-by-step explanation: