SOLUTION: Derek deposits $12,000 in an account that earns 5.9% simple interest paid annually. How long will it be before the total amount is $15,000?
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Question 868189: Derek deposits $12,000 in an account that earns 5.9% simple interest paid annually. How long will it be before the total amount is $15,000? Answer by Fombitz(32388) (Show Source):