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26 December, 02:46

How long will it take to earn $252 in interest if $1200 is invested at 7% annual rate interest?

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  1. 26 December, 03:08
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    it takes 3 years. formula interest = PRT/100 so its 252 = 1200 times 7 times T all over 100 then multiply by 100 both sides to get 25200=8400T devide by 8400 both sides to get 3
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