2 years ago

If the interest earned is $25 and the principal is $500 and the interest rate is 5%, what is the time?

Mathematics

1 answer:

likoan [24]2 years ago

6 0

Answer:

1 Year

Step-by-step explanation:

$Simple=Principal*Rate*Years\\25=500*0.05*Years\\25=25*Years\\1=Years$

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