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You deposit $2500 in an account that earns 4% simple interest. How long will it be before the total amount is $3,000.

You deposit $2500 in an account that earns 4% simple interest. How long will it be before the total amount is $3,000.
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You deposit $2500 in an account that earns 4% simple interest. How long will it be before the total amount is $3,000.

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User Sobo
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1 Answer

3 votes
5 years because it is 4% a year

answered
User Joran
by
8.1k points
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