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jgstyle12 jgstyle12
  • 07-01-2017
  • Mathematics
Answered

Sam opened a money-market account that pays 5% simple interest. He started the account with $7,000 and made no further deposits. When he closed the account, he had earned $700 in interest. How long did he keep his account open?

Verified Answer :

Justin23m
Justin23m Justin23m
  • 07-01-2017

Sam kept his account open for 2 days.

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