3 years ago

DUE AT 12 SO LIKE HURRY

Mathematics

2 answers:

Alexxx [7]3 years ago

7 0

Answer:

2.5

Step-by-step explanation:

allochka39001 [22]3 years ago

4 0

Answer: b. 2.5 years

Step-by-step explanation:

The formula for Interest is:

= principal × rate × time

Then, we slot in the values given which will be:

Interest = principal × rate × time

50 = 1000 × 2% × Time

50 = 1000 × 0.02 × Time

50 = 20 × Time

Time = 50/20

Time = 2.5 years

He has 2.5 years to pay back

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