princessgabbee5930 princessgabbee5930

08-11-2021
Mathematics

contestada

if the interest earned $55.20 on an unvestment of $230 that has a rate of 3% how long was the money invested?

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davis1mclauchlin davis1mclauchlin

08-11-2021

Answer: The money had been invested for 8 years.

Step-by-step explanation:

Find 3 percent of 230. You get 6.9. Divide 55.20 by 6.9 to get the years it had been invested. Hope this helps!

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