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?

Algebra ->  Equations -> 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?      Log On


   



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) About Me  (Show Source):