nevaehmagsayo nevaehmagsayo
  • 21-03-2022
  • Mathematics
contestada

Grace had a maturity value of $6,682.50 on an original investment of $6,000. She earned 6.5% annual simple interest. What was the duration of Grace’s investment?

Respuesta :

haydensutton2 haydensutton2
  • 21-03-2022

Answer:

A = p(1 + rt)

Step-by-step explanation:

6682.50 = 6000(1 + 0.065t)

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