dwd86 dwd86
  • 11-03-2020
  • Mathematics
contestada

How long will it take $500 to double at a simple interest rate of 5%? Please also explain how you did it.

Respuesta :

bshenk
bshenk bshenk
  • 11-03-2020

Answer:

20 years

Step-by-step explanation:

500x0.05=25

500/25=20

Answer Link

Otras preguntas

What is aerobic and anaerobic respiration ?
Can someone make the numbers 1 to 50 a perfect square?
8=56 7=42 6=30 5=20 3=?
What Does 'Bury the Hatchet' Mean?
Moon Questions? (diagram attached)1. Approximately how many nights during the month would an observer be able to witness a waxing gibbous phase?2. A full moon o
what is contextualization?
How will you describe the sequence of oxygen, carbon dioxide and blood flow?
what does 'case by case' mean?
what is the difference between ions and free electrons?
the amount of postage placed on a first class letter depends on the weight of the letter .