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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?<…

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?<…
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13 votes
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?

asked
User BabyDuck
by
8.7k points

1 Answer

8 votes

Answer:

4 years

Explanation:

answered
User Alexyuiop
by
7.9k points
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