kileychristensen662 kileychristensen662

26-05-2021
Mathematics

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You invest $50 with a simple interest return rate of 4% per year. How many years will it take to in investment to reach $70?

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crazynoob363 crazynoob363

26-05-2021

Answer:

It would take 10 years for the investment to reach 70 dollars.

Step-by-step explanation:

The investment would gain 2 dollars per year. So in 10 years it will gain 20 dollars.

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