Use the Formula $i = P r t$ To Reach a Solution for the Following Problem

question 190

Multiple Choice

Use the formula $i = P r t$ to reach a solution for the following problem. How long (in years) will $7,560 need to be invested at a 7% annual interest rate to earn $2,646.00?

• A) t = 4
• B) t = 5
• C) t = 7
• D) t = 10
• E) none of these

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