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29-05-2018
Mathematics

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How long will it take $5100 to earn $416.50 at 7% simple interest?

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katiepl0xp7m0gf katiepl0xp7m0gf

29-05-2018

7% of $5100 is 357

416.50 / 357 = 1.16

I will take 1.16 years to gain $416.50

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