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You put $500 in your bank account. With an interest rate of 5%, how long will it take the account to reach $600? Use the formula: I = Prt.

You put $500 in your bank account. With an interest rate of 5%, how long will it take the account to reach $600? Use the formula: I = Prt.
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You put $500 in your bank account. With an interest rate of 5%, how long will it take the account to reach $600? Use the formula: I = Prt.

User Stanislav Kovalenko
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1 Answer

3 votes
4 years is the answer 
User Salw
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8.4k points
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