SOLUTION: How long will it take 24,000 to increase to 30,000 if the simple interest rate is 6.5%?

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Question 875968: How long will it take 24,000 to increase to 30,000 if the simple interest rate is 6.5%?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
I=Prt
6000=24000*0.065t
6000=1560t
t=6000/1560
t=3.85 yrs