SOLUTION: How long would it take me to earn 139.50 of interest at a 6% interest rate if I started with 930.00

SOLUTION: How long would it take me to earn 139.50 of interest at a 6% interest rate if I started with 930.00

Algebra.Com

Question 937118: How long would it take me to earn 139.50 of interest at a 6% interest rate if I started with 930.00
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
139.50=930*0.06t
139.50/55.8=t
t=2.5 yrs simple interest
RELATED QUESTIONS
Chris invested $8000 in a savings account with simple interest at annual interest rate of (answered by rfer)

I loaned a friend $6,000.00 she said she would pay me 6% interest. She is paying me... (answered by ankor@dixie-net.com,JBarnum)

I place 1,000 in savings with an interest rate of 6%, how long would it take to have... (answered by ewatrrr,303795)

Hello, I am having trouble with using a TVM solver. I am not sure if I'm getting the... (answered by math_tutor2020)

How long will it take to $680 to earn $102 in simple interest at an annual interest rate... (answered by mananth)

How long will it take for $150 to earn $150 in simple interest at an annual interest rate (answered by ewatrrr)

How long will it take 1,000.00 to earn 300.00 if the interest is 12% compounded... (answered by ewatrrr,ikleyn)

How long does a $4000 investment take to earn $720 interest if the interest rate is 6%... (answered by stanbon)

How long would it take to triple an investment at simple interest with a rate of 4.5% per (answered by stanbon)