Answer:
9 months
Step-by-step explanation:
Interest earned 3,742.50
Divide by: Annual interest
(49,900x0.10) 4,990.00
Total 0.75 or 75%
1 year has 12 months. 12 months x 75% = 9 months.
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Answers & Comments
Answer:
9 months
Step-by-step explanation:
Interest earned 3,742.50
Divide by: Annual interest
(49,900x0.10) 4,990.00
Total 0.75 or 75%
1 year has 12 months. 12 months x 75% = 9 months.