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16-12-2020
Mathematics

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NEED HELP ASAP PLSSS WILL MARK BRAILIST!!
You want to save $120,000 to buy your first self-driving magic carpet. You deposit $80,000 in a bank at a simple interest rate of 5%. How many years do you have to wait before you can buy your magic carpet? (*Hint: I=prt)

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16-12-2020

Answer:

10

Step-by-step explanation:

10% of 80000 is 8000

thus 5% is 4000

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