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You deposit $ 1200 in an account. The annual interest rate is 3%. How long will it take you to earn $108 in simple interest?

You deposit $ 1200 in an account. The annual interest rate is 3%. How long will it take you to earn $108 in simple interest?
asked 71.6k views
1 vote
You deposit $ 1200 in an account. The annual interest rate is 3%. How long will it take you to earn $108 in simple interest?

asked
User DarkLeafyGreen
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8.6k points

1 Answer

2 votes
The correct answer is 3
answered
User Flq
by
7.9k points
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