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10 November, 08:29

Jerome deposited $8,000 into a new retirement account with a simple interest rate of 2.8%. If account has earned $3,808 in interest, and there have been no deposits or withdraws, how many years ago did he open the account?

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  1. 10 November, 12:00
    0
    17 years

    Step-by-step explanation:

    8,000*.028=224

    3,808/224 = 17
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