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1 January, 21:06

At a simple annual interest rate of 4.5%, how many years will it take Sam to earn $135 interest on an original deposit of $1,000?

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  1. 1 January, 21:11
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    T=i/pr

    T=135/1000*0.045=3years
  2. 1 January, 21:15
    0
    7! I hope that's right ... I'm a beginner
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