How long does it take for $8500 invested at 11% annual simple interest to be worth $13,000?

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 05:31 AM

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How long does it take for $8500 invested at 11% annual simple interest to be worth $13,000?

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Mathematical Applications for the Management Life and Social Sciences

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