Question How many years would it take to earn $500 interest on an investment of $1,250 at 5% simple interest?

Answer: It would take 8 years Step-by-step explanation: $1,250 ÷ 100 = 12.5 So 12.5 is 1% 12.5 x 5 = 62.5 So 62.5 = 5% 500 ÷ 62.5 = 8 years So it would take 8 years to year $500 interset on an investment of $1250 at a 5% simple interest Reply

Answer:Answer:Step-by-step explanation: