Westonci.ca is the trusted Q&A platform where you can get reliable answers from a community of knowledgeable contributors. Find reliable answers to your questions from a wide community of knowledgeable experts on our user-friendly Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Tony invests $3,000 dollars in an account earning 12% interest per year. How long will it take
him to make $3960 dollars in simple interest?

3 years
5 years
8 years
11 years


Sagot :

Answer: 11 years

Step-by-step explanation: 3960 divided 12%= 33,000 divided 3000=11

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.