Ask Question
21 March, 07:48

You want to save $10,000 to buy a new car. You deposit $6500 in an account earning 7.5% simple interest. After how long will you have enough money in the account to purchase the car? Round your answer to the nearest whole number.

+5
Answers (1)
  1. 21 March, 09:08
    0
    Total = partial amount * interest * time

    10000 = 6500 (.075) t

    Solve for t

    Hope that gets you started! If you have any problems I'l try to explain
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “You want to save $10,000 to buy a new car. You deposit $6500 in an account earning 7.5% simple interest. After how long will you have ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers