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April 19, 2014

Homework Help: Algebra Grade 7

Posted by rawr... im a dinosaur.... rawr on Thursday, October 18, 2012 at 5:12pm.

You invest $275.00 in a money-market account that pays simple interest at a rate of 10%. How long must you leave your investment in the money-market account if you expect to earn $27.50 in interest?

A year? How do I work it?

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