document.write( "Question 160166: How long will Lucy have to wait before for her $2,500 invested at 6% earns $600 in simple interest ? \n" ); document.write( "
Algebra.Com's Answer #118180 by gonzo(654)![]() ![]() ![]() You can put this solution on YOUR website! simple interest is not compounded. \n" ); document.write( "so .06 * 2500 = 150 \n" ); document.write( "600/150 = 4 \n" ); document.write( "looks like 4 years at 150 interest each year. \n" ); document.write( " \n" ); document.write( " |