PLEASE HELP ME!!!! CRITICAL!!!!!!!!
Joe deposits $20,000 for his retirement in an account with a 7% simple interest rate. How long will it take Joe to earn $14,700 in interest?
A)5 years
B)8.25 years
C)10.5 years
D)14.1 years
Joe deposits $20,000 for his retirement in an account with a 7% simple interest rate. How long will it take Joe to earn $14,700 in interest?
A)5 years
B)8.25 years
C)10.5 years
D)14.1 years
