Question: 7 (1 point ) How long would it take $1300 to earn a Simple Interest Amount of $633.75 at a rate of 9.75% ? a

7 (1 point ) How long would it take $1300 to earn a Simple Interest Amount of $633.75 at a rate of 9.75% ? a 6 Years b 21 Years c 5 Years d 8 Years

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!