QUESTION 24 You have $4500 that you invest at 7% simple interest. How long will it take for your balance to reach $7335? A. four years B. nine years C. ten years CD. five years

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 26E
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QUESTION 24
You have $4500 that you invest at 7% simple interest. How long will it take for your balance to reach $7335?
A. four years
B. nine years
C. ten years
D. five years
Transcribed Image Text:QUESTION 24 You have $4500 that you invest at 7% simple interest. How long will it take for your balance to reach $7335? A. four years B. nine years C. ten years D. five years
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