No N.

asked • 09/23/19

Simple interest

Jon invested $5,100 at 5.50% p.a. simple interest. How much time is needed for the investment to grow to at least $5,330?

The answer is not 0.82

1 Expert Answer


Anne M. answered • 09/23/19

Reading/writing, GED/TASC/ASVAB Certified, APA/MLA, Computer Literacy

Anne M.

Remember .82 is a percentage of a year


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