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30 POINTS Joe deposits $30,000 for his retirement in an account with a 6% simple interest rate. How long will it take Joe to earn $21,600 in interest? 5 years 7 years 10 years 1…

30 POINTS Joe deposits $30,000 for his retirement in an account with a 6% simple interest rate. How long will it take Joe to earn $21,600 in interest? 5 years 7 years 10 years 1…
asked 206k views
3 votes
30 POINTS

Joe deposits $30,000 for his retirement in an account with a 6% simple interest rate. How long will it take Joe to earn $21,600 in interest?


5 years


7 years


10 years


12 years

asked
User Phil Boltt
by
7.6k points

1 Answer

3 votes

Answer:

yes

Explanation:


answered
User Hassan Shahbazi
by
7.7k points
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