Santi4572 Santi4572

01-09-2021
Mathematics

contestada

You deposit $2000 in an account that earns simple interest at an annual rate of 4%. How long must you leave the money in the account to earn $500 in interest?

Respuesta :

masojeanthony379 masojeanthony379

02-09-2021

Answer:

6.25YEARS

Step-by-step explanation:

S.I.=P×R×T÷100

T=S.I.×100÷P×R

T=500×100÷2000×4

T=500÷20×4

T=500÷80

T=6.25 YEARS

Answer Link

Otras preguntas

What is the lcm of two numbers that have no common factors greater than 1?

a number is k units to the left of 0 on the number line. describe the location of its opposite.

A carton can hold 1000 unit cubes that measure 1 inch by 1 inch by 1 inch. Describe the dimensions of the carton using unit cubes. Can you explain to me how to

The fastest a human has ever run is 27 miles per hour. How many miles per minute did the human run?

What's the square root of 98

arrange following numbers in increasing order 2.3,45.1,18.735,0.9862,7

8 times 51 show your work

91,007,500 in scientific notation with positive powers of 10

What would I put for the digit valuenumber 601,099 in the ten thousand place+

67.943 in expanded form