3 years ago

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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