Mathematics, 06.03.2021 07:20 fireman59937

Algebraically manipulating the formula for finding the simple interest, I = Prt, find the time period in years that $16,000 was deposited in a savings account which earned $4,000 in interest at a simple interest rate of 6%.
42 months
60 months
70 months
50 months
None of these choices are correct.

Answers: 1

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Algebraically manipulating the formula for finding the simple interest, I = Prt, find the time perio...