OfficialDericaRene OfficialDericaRene

16-11-2020
Mathematics

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tiana deposited 500 into an account that earns 6% simple interest. how many years will it take for the value of the account to reach 2000?
((please show step-by-step))

Respuesta :

markyoussef markyoussef

16-11-2020

Answer:

4 years and 24% simple interest

Step-by-step explanation:

if 500 make a 6% simple interest then if it asks to get to 2k then it will be like 5x4=20 so 4 years, and it will make 24% vaule of simple interest

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