12. Phil invests $5000 in a high-interest savings account and earns 3.5% simple interest per year....

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12. Phil invests $5000 in a high-interest savings account and earns 3.5% simple interest per year. How long will he have to leave his money in the account if he wants to have $7800? 12. Phil invests $5000 in a high-interest savings account and earns 3.5% simple interest per year. How long will he have to leave his money in the account if he wants to have $7800?

Answer rating: 100% (QA)

Solution Lets find how long Phil needs to leave his money in the account if he wants to have 7800 1 ... View the full answer