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You put $3000 in a CD (certificate of deposit) at the promotional rate of 5.6% simple interest. How long will it take to earn $336 in interest?

You put $3000 in a CD (certificate of deposit) at the promotional rate of 5.6% simple interest. How long will it take to earn $336 in interest?
asked 111k views
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you put $3000 in a CD (certificate of deposit) at the promotional rate of 5.6% simple interest. How long will it take to earn $336 in interest?

asked
User Daniel Manta
by
8.2k points

1 Answer

4 votes

Answer:

1 year 9 months

Explanation:


answered
User Mohammed Noureldin
by
7.6k points
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