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24 March, 18:29

Sara wants to buy a house and needs $35,560 for a down payment. She currently has $28,000 in a savings account that earns 9% simple interest. How long must Sara keep the money in the savings account in order to have enough for the down payment on the house?

A: 14 years

B: 92.1 years

C: 3 months

D: 3 years

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Answers (1)
  1. 24 March, 21:32
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    The answer is D. 3 years
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