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How long will it take $3000 to earn $900 interest at 6% simple interest?

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asked May 13, 2022 57.8k views

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How long will it take $3000 to earn $900 interest at 6% simple interest?

Mathematics
college

Komengem asked

by Komengem

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1 Answer

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Answer:

5 years.

Explanation:

3000x.06=180 interest per year.

900/180 =5 years.

Valentin Stamate answered May 19, 2022

by Valentin Stamate

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How long will it take $3000 to earn $900 interest at 6% simple interest?

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