6) You have 2,400 in your account and the
Interest rate is
4%. After how many years would you earn 240 as interest
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Answer: After 2.5 years.
Explanation: The 4% of 2400 is 96. So now devide 240 by 96. The answer will be 2.5. So it means after 2.5 year the interest will be 240.
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