joseycordova joseycordova
  • 04-02-2020
  • Mathematics
contestada

if you deposit $10000 at 11%(simple interest), how long will it be until the total amount in the account is $21000?

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aviktorov77 aviktorov77
  • 04-02-2020

10000:100*11=1100  income per year

21000-10000=11000 need to have income

11000:1100=10 years will pass time

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