Luis deposited $500 into his savings account with a simple interest rate of 3%. He wants to keep his deposit in the bank until he earns $120 in interest. For how many years does Luis need to keep his deposit in the bank?

i think 4 or 40

Step-by-step explanation:

for this case we have by definition, if two lines are perpendicular, then the product of their slopes is -1.

then, given the following line:

so,

we are looking for m_ {2}:

then, the line is given by:

we find "b" replacing the given point:

finally, the equation is:

option c