Question

PLEASE HELP ME!!!! CRITICAL!!!!!!!!

Joe deposits $20,000 for his retirement in an account with a 7% simple interest rate. How long will it take Joe to earn $14,700 in interest?

A)5 years

B)8.25 years

C)10.5 years

D)14.1 years

Answer 1

answer is
C)10.5 years

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Answer 2

The answer to your question is C.