Answer:
4 years
Step-by-step explanation:
The simple interest = $6,500 - $5,000 = $1500
From the formula for simple interest;
I=PRT/100
T= 100 I/PR
T= 100 × 1500/5000 × 7.5
T= 150000/37500
T= 4 years
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51,000
5 in the ten thousands,
The thousands value is 1, the hundreds is 4 (less than 5 so we round down)