six-month was the simple annual interest rate 20. You deposit $2000 into a savings account. The account earns 3% simple interest. How long will it take to earn $120 in interest? Copyright McDougal Littell/Houghton Mifflin Company All rights reserved. McDougal Littell Math, Chapter 9 Resource Book

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 3PA: Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate...
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six-month
was the simple annual interest rate
20. You deposit $2000 into a savings account. The account earns
3% simple interest. How long will it take to earn $120 in interest?
Copyright McDougal Littell/Houghton Mifflin Company
All rights reserved.
McDougal Littell Math,
Chapter 9 Resource Book
Transcribed Image Text:six-month was the simple annual interest rate 20. You deposit $2000 into a savings account. The account earns 3% simple interest. How long will it take to earn $120 in interest? Copyright McDougal Littell/Houghton Mifflin Company All rights reserved. McDougal Littell Math, Chapter 9 Resource Book
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