mari257 mari257
  • 23-01-2018
  • Mathematics
contestada

how do I solve this?

how do I solve this class=

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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