Register

Jane opened a savings account with 700 and was paid simple interest at an annual rate of 2% . When Jane closed the account, she was paid 70 in interest. How long was the account…

Jane opened a savings account with 700 and was paid simple interest at an annual rate of 2% . When Jane closed the account, she was paid 70 in interest. How long was the account…
asked 34.8k views
16 votes
Jane opened a savings account with 700 and was paid simple interest at an annual rate of 2% . When Jane closed the account, she was paid 70 in interest. How long was the account open for, in years?

asked
User Bobbi Bennett
by
7.7k points

1 Answer

9 votes

Answer:

5 years

Explanation:

N/A

answered
User Cbrauchli
by
7.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!