# math

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.

1. 👍 0
2. 👎 0
3. 👁 78

## Similar Questions

1. ### math

ian invested \$8000 part at 9% per anum and the remainder was at 10% per anum. after one year

asked by Anonymous on February 25, 2016
2. ### maths-- compound interest

find the compund interest on \$2500 for one year at 4% per annum compounded half-yearly. which of these is correct? \$2500(1 + 0.04)^2 or \$2500(1 + 0.02)^2 The second one. 2500(1+.02)^2 Since the interest is compounded semi-annually

asked by minerva on January 12, 2007
3. ### math

if a loan is given for 2,500 for 1 year and the interest charged is 275 dollars what is the interest rate on the loan? how do I go about solving this do I subtract the 275 from 2500. Interest=Principal*Rate*Time 275=2500(rate)(1)

asked by patti help on March 21, 2007
4. ### Trig/Pre-Calc

\$2500 is invested in an account at interest rate r, compounded continuously. Find the time required for the amount to (a) double and (b) triple. r=0.085 I know you use the formula A=Pe^rt and you would start by setting it up as

5. ### algrebra 1

The area of a rectangle is 128 in². If the length is twice the width, what is the length of the rectangle? A) 64 in. B) 16 in. C) 8 in. D) 4 in. The length of a swimming pool is 22 ft. The width is 40 ft. If the volume of the

asked by AP on February 3, 2011
6. ### math

A.) start by calculating how long it will take you to save enough money and pay cash with your potential \$300.00/month savings, taking into account the \$1000.00 you have already saved. B.)Now imagine you have invested your

asked by sim on April 22, 2014
7. ### Math

John invested \$2500, part at 8% and the rest at 12% per annum. The two parts earned equal amount of interest in one year. How much was invested at each rate?

asked by Me on March 25, 2010

A principal of \$2500 is invested,part at 8% per annum and the rest at 12% per annum. In a year, the 8% investment interest was doubled the 12% investment interest. How much invested at each rate? Express in the form Ax+By=C

asked by Matt on March 15, 2013
9. ### Algebra

I really need your help in solving this problem. I really appreciate your time and efforts. Here is the question: An amount of money invested for 1 year in a savings account will earn \$ 1,500. The same amount of money invested in

asked by Jay on November 2, 2014
10. ### pre-algebra

how long will it take to earn \$568.75 in interest if \$2500 is invested at a 6.5% annual interest rate

asked by tatiana on March 23, 2012

More Similar Questions