Multiple Choice
Joe Flynn visits his local bank to see how long it will take for $1,200 to amount to $2,100 at a simple interest rate of 7%. The time is (round time in years to nearest tenth) :
A) 9.2 years
B) 11.1 years
C) 10.7 years
D) 17.1 years
E) None of these
Correct Answer:
Verified
Correct Answer:
Verified
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