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tresset_1 [31]
2 years ago
8

Suppose a bank advertises that if you open a savings account with them you can double your money in 5 years. What annual rate ar

e they giving? Please help
Mathematics
1 answer:
DerKrebs [107]2 years ago
6 0

Answer:

20%

Step-by-step explanation:

x times 5 = x2

Ex;

$50 +20%

20% of 50 = 10

Over 5 years, 10% x 5 years = $50

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