Seudónimo Seudónimo

17-11-2019
Mathematics

contestada

Chris invested $12,000 at a rate of 4%. How long should he leave his money invested
if he wants to earn interest of at least $1,000?
A 3 years
B 2 years
C 1 year
D 4 years

Respuesta :

nancy1473 nancy1473

17-11-2019

Answer:

B

Step-by-step explanation:

12000 x 4%

12000 x 4/100=480

1000/480=2.03

~2years

Answer Link

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