3
QuizMultiple Choice

Investing

Question 3 • IC Sem B Algebra 2

Uta invests $345 into a simple interest investment account that pays interest at a rate of 9% a year. After several years, she withdraws her balance of $531.30. Using the formula , how many years was her money invested?

Question illustration
Answer
A
4 years
B
5 years
C
6 years
D
7 years
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