Suppose you deposit $2,500 in a savings account that pays you 5% interest per year. a. How many years will it take for you to do

Question

Suppose you deposit $2,500 in a savings account that pays you 5% interest per year.

a. How many years will it take for you to double your money?

b. How many years will it take for your account to reach $8,000?

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Ngọc Hoa 5 years 2021-09-04T15:26:11+00:00 1 Answers 16 views 0

Answers ( )

  1. Nick
    0
    2021-09-04T15:27:24+00:00
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    Answer:A=4 Years B=6 years

    Step-by-step explanation:

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