Martina opened a savings account with $700 and was paid simple interest at an annual rate of 8%. When Martina closed the account, she was paid $280 in interest. How long was the account open for, in years? If necessary, refer to the list of financial formulas. Oy years X W

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Step 2: ALEKS Initial Knowledge Check
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Martina opened a savings account with $700 and was paid simple interest at an annual rate of 8%. When Martina closed the account, she was paid $280 in
interest. How long was the account open for, in years?
If necessary, refer to the list of financial formulas.
years
I Don't Know
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A ALEKS-Savannah Whitten - Knowledge Check
Question 13
X
B Carmen opened a savings account with $700 and was p
Sava
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Transcribed Image Text:Step 2: ALEKS Initial Knowledge Check Initial Knowledge Check 0 Martina opened a savings account with $700 and was paid simple interest at an annual rate of 8%. When Martina closed the account, she was paid $280 in interest. How long was the account open for, in years? If necessary, refer to the list of financial formulas. years I Don't Know Submit A ALEKS-Savannah Whitten - Knowledge Check Question 13 X B Carmen opened a savings account with $700 and was p Sava © 2023 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Center
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