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siniylev [52]
3 years ago
11

Mr. Gardener wants to have the annual interest of $1000.00. If the annual interest rate is 5%, how much money should he invest?

Mathematics
2 answers:
White raven [17]3 years ago
7 0

Answer:

$20,000

Step-by-step explanation:

0.5%=0.05

1000/0.05=20,000

Rama09 [41]3 years ago
4 0
$20,000

Because 1,000 divided by 5% = 20,000
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