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March 27, 2017

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how long will it to earn $525 in interest if 3500. is invested at 65 apr?

  • Math - ,

    65 apr? Are you sure????

  • Math - ,

    6% APR

  • Math - ,

    I = PRT
    525 = 3500 *.06 * T
    Solve for T (time)

    this is simple interest

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