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kamal put 500 in a savings account that earns simple interest. The interest rate is 5%. How long will it take Kamal to earn $500 in interest from this account if he makes no other deposit or withdrawal
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Sep 19, 2019
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kamal put 500 in a savings account that earns simple interest. The interest rate is 5%. How long will it take Kamal to earn $500 in interest from this account if he makes no other deposit or withdrawal
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Answer:
20 years
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Charles Bandes
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Sep 25, 2019
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Charles Bandes
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