jtapelt jtapelt
  • 26-01-2021
  • Mathematics
contestada

how long will it take a $2 000 investment to earn $544 in interest at a 1.7 interest rate

Respuesta :

Kylleo
Kylleo Kylleo
  • 26-01-2021

Answer:

16 years

Step-by-step explanation:

1.7% of 2000 is $34

$544 divided by $34 = 16 years, that is if the interest is yearly and not monthly though

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