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About how many years would it take you to earn $1000 simple
interest on an investment of $800 at 9% annual interest?
A)
8
B)
10

C)
12
D)
14
Ratios and Proportional Relationships
(ZRP 3) Solve Problems
ID: 478033
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Respuesta :

joban27
Answer: A.) 8

Out of all four options. The total after 8 years is closest to the amount $10,000. With the investment amount of $800 and at a 9% annual interest, in 8 years the end balance will be $1,594.05.

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