When Cat sold her car for $14,000, she put all of the money into a savings account. If the account earns 3.9% interest, how many YEARS will it take her to earn $1365 in interest?
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Answer:
T=2.5
Step-by-step explanation:
Simple Interest=PTR/100
1365 = (14000*3.9*T)/100
T=(1365*100)/(14000*3.9)
T=2.5
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