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How many months are needed for an investment of 869,000 to generate 85,000 in interest, if the agreed rate is 12.5% per year.

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Answer to a math question How many months are needed for an investment of 869,000 to generate 85,000 in interest, if the agreed rate is 12.5% per year.

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Dexter

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9.4 months

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How many months are needed for an investment of 869,000 to generate 85,000 in interest, if the agreed rate is 12.5% per year.

Answer to a math question How many months are needed for an investment of 869,000 to generate 85,000 in interest, if the agreed rate is 12.5% per year.

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