Multiple Choice
How long does it take for $6,000 invested at 9% annual simple interest to be worth $10,500? Round your answer to two decimal places.
A) 30.56 years
B) 83.33 years
C) 8.33 years
D) 4.76 years
E) 0.83 years
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: A young couple buying their first home
Q11: Suppose you are offered a job paying
Q14: What is the fifth term of the
Q18: Christine Parks received a trust fund inheritance
Q19: During four years of college, Nolan MacGregor's
Q21: A trust will provide $12,000 to a
Q22: What is the present value of an
Q81: A debt of $8,800 is to be
Q114: A recent college graduate begins a savings
Q116: To help their son buy a car