SOLUTION: How long will it take a $9000 investment to earn $180 interest at an annual interest rate of 8%? Thanks you very much
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Question 40347
:
How long will it take a $9000 investment to earn $180 interest at an annual interest rate of 8%?
Thanks you very much
Answer by
Nate(3500)
(
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put this solution on YOUR website!
I = PRT
180 = 9000*0.08*T
(1/4) = T
3 Months
(