How long will it take $3000 to earn $900 interest at 6% simple interest?
Set up the simple interest equation for the interest piece:
3000 * 0.06t = 900
To solve for t in this equation, we type it in our search engine and we get:
t = 5
Set up the simple interest equation for the interest piece:
3000 * 0.06t = 900
To solve for t in this equation, we type it in our search engine and we get:
t = 5