Lena invests $5200 at 3% per year simple interest, while her friend David invests $3600 at 5%per year simple interest. How long will it take for David's investment to be worth more thanLena's?O60 years and 8 monthsO 66 years and 4 monthsO60 years and 6 monthsO66 years and 8 months

Answered: Image /qna-images/answer/6bdd773d-2061-4726-822a-dd1cd853b5b4.jpg

Answered: Lena invests $5200 at 3% per year…

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter2: Solving Linear Equations

Section2.2: Use A Problem Solving Strategy

Problem 2.50TI: Susana invested a principal of $36,000 in her bank account that earned simple interest at an...

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Lena invests $5200 at 3% per year simple interest, while her friend David invests $3600 at 5% per year simple interest. How long will it take for David's investment to be worth more than Lena's? 60 years and 8 months O 66 years and 4 months O 60 years and 6 months O 66 years and 8 months