Posted by
**nae** on
.

1.In what length of time will $500 be the interest on $2500 invested 5% per anum?

Is this compounded. I will assume it is not.

0.05 x 2500 x #yrs = 500

Solve for #yrs.

Saturday

March 25, 2017
Posted by
**nae** on
.

1.In what length of time will $500 be the interest on $2500 invested 5% per anum?

Is this compounded. I will assume it is not.

0.05 x 2500 x #yrs = 500

Solve for #yrs.

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