estrella7777
estrella7777
21.04.2021 • 
Mathematics

Randee invested $1,000 for college in an account earning 4% simple interest. When she withdrew the investment, she had earned a total of $520 in interest. How long was the money invested? Complete the explanation. Substituting into the formula I = Prt gives
= 1,000(
)t. Solving this equation gives a time of t =
years, which is how long the money was invested.

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