Correct Answers only!
Use the formula i = prt, where i is the interest earned, p is the...
Mathematics, 29.05.2020 23:11 thelonewolf5020
Correct Answers only!
Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.
Round your answer to the nearest dollar.
Answers: 3
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Sam opened a money-market account that pays 3% simple interest. he started the account with $7,000 and made no further deposits. when he closed the account, he had earned $420 in interest. how long did he keep his account open?
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