Lizzy’s bank account earns 6% simple interest per year. She deposits $500, and after some time she earns $210 in interest. How

Question

Lizzy’s bank account earns 6% simple interest per year. She deposits $500, and after some time she earns $210 in interest.
How much time, in years, must have passed in order for her to earn this much interest?

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Thạch Thảo 2 months 2021-09-01T08:14:55+00:00 1 Answers 0 views 0

Answers ( )

    0
    2021-09-01T08:16:13+00:00

    Answer:

    7 years

    Step-by-step explanation:

    6% simple interest of 500 is 30 dollars

    210/30=7

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