SOLUTION: How many years dose Steven need to invest his 3,000 at 7% to earn $210 in simple interest.
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-> SOLUTION: How many years dose Steven need to invest his 3,000 at 7% to earn $210 in simple interest.
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Question 230663
:
How many years dose Steven need to invest his 3,000 at 7% to earn $210 in simple interest.
Answer by
rfer(12660)
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A=Prt
t=A/Pr
t=210/(3000*.07)
t=210/210
t=1 yr