Answer:
The money must have been invested for 6 years
Explanation:
To calculate the number of years for which the money had been invested, we simply make use of the simple interest formula
Mathematically;
I = PRT/100
according to the question, I is the interest earned= $1275, P is the amount invested = $4,250, R is the interest rate = 5% while T is the time we want to calculate
We can rewrite the simple interest formula to mean;
T = 100I/PR
T = (100 * 1275)/((4250 * 5) = 127500/21,250 = 6 years
can you show me the sentences so i can help you
Answer:
Opportunity cost makes decision makers think about whether the best alternative option isn't really the best option.
Explanation:
Next time put the question into Social Studies.
The moral of the story is that mercy brings its reward and that there is no being so small that it cannot help a greater.
