How long will it take $3000 to earn $900 interest at 6% simple interest?

Discussion in 'Calculator Requests' started by math_celebrity, Jun 1, 2021.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    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
     

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