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At a simple annual interest rate of 4.5%, how many years will it take Sam to earn $135 interest on an original deposit of 1000?

At a simple annual interest rate of 4.5%, how many years will it take Sam to earn $135 interest on an original deposit of 1000?
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at a simple annual interest rate of 4.5%, how many years will it take Sam to earn $135 interest on an original deposit of 1000?

asked
User Jcuenod
by
8.9k points

2 Answers

7 votes

Answer:

3

Step-by-step explanation:

answered
User Martin Krung
by
8.7k points
4 votes

Answer:

3 years

Explanation:

answered
User Anhtuannd
by
8.1k points
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