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16 September, 16:04

Lina invested $7,800 in a mutual fund at a simple interest rate of 4.35%. She earned $1,696.50 in interest. How long (in years) was the money invested?

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  1. 16 September, 16:36
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    5 years.

    Step-by-step explanation:

    She earns $339.3 per year on interest rate. So I divided 1,696.50 by 339.3 to get the amount of ears.
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