Mathematics, 20.01.2021 01:10 marieminnerly1628

Jodie invests $12,000 in a savings account that pays 2% simple interest. How many years will it take for the account to grow to $13,200, if he makes no withdrawals or deposits? (Hint, use the formula for simple interest: I=prt but first, determine what I is (double hint, it is not $13,200)) A 13 years

B 7 years

C 12 years

D 5 years

Answers: 2

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Jodie invests $12,000 in a savings account that pays 2% simple interest. How many years will it take...