Question

Hannah wants $10,000 in the lottery she put her money in a bank account that pays interest of 5% once each year how long will it take the count to grow $20,000?

Answer 1

20 years

Explanation:

5% 500

100% 10,000

10,000/100= 100

100*5=500

10,000/500=20

500 every year takes 20 years to get another $10,000