mari257
mari257
23-01-2018
Mathematics
contestada
how do I solve this?
Respuesta :
bobbyv2
bobbyv2
23-01-2018
I = p r t
so
t = I/pr
We can then do:
500 / (4000 x 0.025) =
5 years.
We can check this by doing
4000 x 1.025^5 = 4500 ( which is roughly 500 in profit.
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