cornelladurden26 cornelladurden26

20-04-2021
Mathematics

contestada

Find the amount of time.
8. I = $2000, P = $5000, r = 8%

Respuesta :

devishri1977 devishri1977

20-04-2021

Answer:

t = 5 years

Step-by-step explanation:

I = $ 2000

P = $ 5000

r = 8%

[tex]I = P * \frac{r}{100}*t\\\\t =\frac{ I * 100}{P*r}\\\\t =\frac{2000*100}{5000*8}\\\\ = 5[/tex]

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