0Claudia0
0Claudia0 0Claudia0
  • 27-05-2015
  • Mathematics
Answered

SIMPLE INTEREST

You want to put $2,500 in a simple interest account. It has a 4% annual interest rate. How long must you invest that money to earn $500 in interest?

1.25 years


2.5 years


5 years


20 years

Answer :

Shadowolf
Shadowolf Shadowolf
  • 27-05-2015
The answer would be 5 years. I=PxRxT.
Answer Link
JK054192
JK054192 JK054192
  • 14-04-2020

Answer:

5 years

Step-by-step explanation: I got it right on ttm :)

Answer Link

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