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Summer babysitting. She decided to put this money in a bank that earns a 5% simple interest rate. How many years will it take to double her initial deposit? A) 10 years B) 12 years C) 15 years D) 18 years
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23 votes
Summer babysitting. She decided

to put this money in a bank that
earns a 5% simple interest rate.
How many years will it take to
double her initial deposit?
A) 10 years
B) 12 years
C) 15 years
D) 18 years
E) 20 years​

User Matkurek
by
6.0k points

1 Answer

5 votes

Answer: B.12 years

Explanation:

User Likethesky
by
6.0k points
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