SOLUTION: Nico puts $250 into a savings account that earns $6 per year simple interest. How long will it take for Nico to earn $90 interest?

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Question 743824: Nico puts $250 into a savings account that earns $6 per year simple interest. How long will it take for Nico to earn $90 interest?

Found 2 solutions by lynnlo, ikleyn:
Answer by lynnlo(4176) About Me  (Show Source):
Answer by ikleyn(53427) About Me  (Show Source):
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Nico puts $250 into a savings account that earns $6 per year simple interest.
How long will it take for Nico to earn $90 interest?
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6 dollars simple interest per year means that 90 dollars simple interest 
will be achieved in  90%2F6 = 15 years from the beginning.    ANSWER.

Solved.