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30 June, 08:15

Kayleigh wants to buy a car that costs $17,360. She deposits $14,000 into a savings account that earns 8% interest. How long must Kayleigh leave the money in the savings account to be able to buy the car?

A.) 16 years

B.) 4.5 years

C.) 3 years

D.) 3 months

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Answers (1)
  1. 30 June, 10:21
    0
    I=Prt, P = principle, r = rate, and t = time.

    t = 3 years
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