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Mike saves $2,000 at a yearly simple interest rate of 2%. He earns $280 in interest. For how many years did he save this money?

Mike saves $2,000 at a yearly simple interest rate of 2%. He earns $280 in interest. For how many years did he save this money?
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3 votes
Mike saves $2,000 at a yearly simple interest rate of 2%. He earns $280 in interest. For how many years did he save this money?

asked
User Sujesh Arukil
by
8.4k points

1 Answer

2 votes

Answer: 7 years

Explanation:

hi

answered
User ToolmakerSteve
by
8.1k points
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