how long will it to earn $525 in interest if 3500. is invested at 65 apr?
3 answers
65 apr? Are you sure????
6% APR
I = PRT
525 = 3500 *.06 * T
Solve for T (time)
this is simple interest
525 = 3500 *.06 * T
Solve for T (time)
this is simple interest