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How many years will it take a $5000 investment reach $7500 at an 8 % interest rate?
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How many years will it take a $5000 investment reach $7500 at an 8 % interest rate?
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May 22, 2024
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How many years will it take a $5000 investment reach $7500 at an 8
% interest rate?
Mathematics
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Shagglez
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6 1/4 years
Because 8%•$5,000=$400
And $7,500-$5,000=$2,500
and 2,500/400=6.25
or 6 1/4 years.
Hope this helps!!
Cube Drone
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May 26, 2024
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