alyssa301870 alyssa301870

11-01-2021
Mathematics

contestada

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 iterest?

Respuesta :

Catlvr24 Catlvr24

11-01-2021

That would be 2500 divided 4

Then add $500

Answer Link

fortressinthesky fortressinthesky

11-01-2021

Answer:

5 years

Step-by-step explanation:

2500 x 0.04 = 100

500/100 = 5

Answer Link

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