Cutermosyadar Cutermosyadar

24-11-2016
Mathematics

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How much time will a $500 investment need to earn $100 in interest at a rate of 10% per year

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apologiabiology apologiabiology

24-11-2016

I=PRT
100=500*0.1*t
100=50*t
divide by 50
2=t
answer is 2 years

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