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Luis deposited $500 into his savings account with a simple interest rate of 3%. He wants to keep his deposit in the bank until he earns $120 in interest. For how many years does…

Luis deposited $500 into his savings account with a simple interest rate of 3%. He wants to keep his deposit in the bank until he earns $120 in interest. For how many years does…
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Luis deposited $500 into his savings account with a simple interest rate of 3%. He wants to keep his deposit in the bank until he earns $120 in interest. For how many years does Luis need to keep his deposit in the bank?

asked
User Leifcr
by
8.0k points

1 Answer

7 votes

Answer:

i think 4 or 40

Explanation:

answered
User Juned Lanja
by
8.4k points
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