How many years did it take to earn $406.25 in interest given a principal of $650 and a simple interest rate of 2.5%? Group of answer choices 26 25 19 17

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 26E
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Question 4
How many years did it take to earn $406.25 in interest given a principal of $650 and a simple interest rate of 2.5%?
Group of answer choices
26
25
19
17
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