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You deposit $200 in an account earning 3.5% simple interest. How long will it take for the balance of the account to be $221?

You deposit $200 in an account earning 3.5% simple interest. How long will it take for the balance of the account to be $221?
asked 140k views
5 votes
You deposit $200 in an account earning 3.5% simple interest. How long will it take for the balance of the account to be $221?

asked
User Solar Confinement
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7.5k points

1 Answer

4 votes
it will take 3 times of the % to go through 
answered
User Maiya
by
8.1k points
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