Question

How do you do 58??????

Answer 1

Answer:

5 years

Step-by-step explanation:

Interest earned ($) = Principal (amount $ invested) x Interest Rate (as a %) x Time (in years)

500 = 2500(.04)(t)

500 = 100t

t = 5 years

Answer 2

Answer:

5 years

Step-by-step explanation:

find what four percent of 2500 . The do 500 divided by your anwer. Then, whatever you get from dividing is your answer.  4 percent of 100 and 500/100 is 5 so your answer is 5 years