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Manny invested $8,000 in an account that pays 6.5% simple
interest. Manny will not make any additional deposits or
withdrawals. How many years must the money stay invested for
before the investment has a balance of $13,200?​

Respuesta :

madethisfortwitch1

Answer:

10 years

Step-by-step explanation:

Simple interest formula:

AV=PV(1+it)

13200=8000(1+.065t)

1.65=1+.065x

.65=.065x

10=x

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