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2 years ago

12

You put $500 in your bank account. With an interest rate of 5%, how long will it take the account to reach $600? Use the formula

: I = Prt

1 answer:

Marat540 [252]2 years ago

7 0

If it’s in years, it will take 4 years to reach 600 dollars if you don’t add anymore into your bank account.

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