daequan32 daequan32

25-02-2021
Physics

contestada

A loan of $8.000 accumulates simple interest at an annual interest rate of 5%. After how many years does the value the loan become $9.200?

Respuesta :

peytonmt17 peytonmt17

25-02-2021

8,000x.05=400 so 400x3=1,200
1,200 + 8,000=9,200
So 3 years

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