3 years ago

Emily invests $5,000 in an

Mathematics

2 answers:

Gemiola [76]3 years ago

7 0

Answer:

50 years

Step-by-step explanation:

use the simple interest formula :

PRT/100

P is the principle (5000)

R is the rate of interest (4)

T is the time taken (x- unknown)

the amount at the end is double the amount invested = 5000*2 = 10000

(5000*4 * x )/100 = 10000

20000x/100=10000

20000x = 100*10000

20000x = 1 000 000

x= 1 000 000/ 20 000

x = 50

it will take<u> 50 years </u>

sergij07 [2.7K]3 years ago

6 0

Answer:

50 years

Step-by-step explanation:

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