radhanasrinivasan1 radhanasrinivasan1
  • 23-02-2022
  • Mathematics
contestada

How many years would it take a $5,000 investment to reach $7,500 at an 8% interest rate?

Relax

Respuesta :

guleidgangi
guleidgangi guleidgangi
  • 24-02-2022

Answer:

18.75 years

Step-by-step explanation:

first multiply the amount to the rate

5,000 × 8% = 400

second

7,500/ 400 = 18.75

it takes 18.75 to reach 7,500

Answer Link

Otras preguntas

During the revolutionary period Charles Townsend was the British governments chancellor of the exchequer in responsible for the infamous Townsend acts what is
How did kublai khan's organize mongol rule in china?
How are nutrients transferred to the fetus from the maternal blood?
A gene contains the sequence ggctaac. what is the sequence of the mrna transcribed from this strand of dna?
Cultural boundaries in Eastern Europe have been created by _____. apartheid ethnicity language nomadism religion Thank you :)
how did Chandragupta support his successful war efforts
Match the graph with the correct equation
Pleasssssseeeee hellppppppppppppppppppppppppppppp
Energy from earthquakes travels?
Help! i will give you brainest Considering the environmental factor of vegetation, why do you think civilization on the African continent began in Egypt, rather