Calculate the time necessary to achieve the investment goal. Give your answer to the nearest day. Use a 365-day year.

$6,000 at 8% simple interest; deposit $1,550

__________ years __________ days

Question

Calculate the time necessary to achieve the investment goal. Give your answer to the nearest day. Use a 365-day year.
​
$6,000 at 8% simple interest; deposit $1,550
​
__________ years __________ days

Quizplus · Accepted Answer

The Answer of Calculate the time necessary to achieve the investment goal. Give your answer to the nearest day. Use a 365-day year.
​
$6,000 at 8% simple interest; deposit $1,550
​
__________ years __________ days

Calculate the Time Necessary to Achieve the Investment Goal